Analyzing the sold production of food products with cocoa in France reveals an upward trend from 2013 to 2016, peaking at 8.617 million euros. However, post-2016, fluctuations are evident with a notable drop in 2017 by 8.45%. While 2018 saw a slight recovery of 6.3%, 2019 experienced a significant decline of 27.22%. By 2023, the value stood at 6.2746 million euros, showing a decrease over the previous two years: -6.18% in 2022 and -3.1% in 2023. The CAGR over the last five years prior to 2024 was -5.63%, indicating overall negative growth.
Future forecasts predict a continued decline, with the sold production value expected to drop to 5.2997 million euros by 2028. The forecasted five-year CAGR is -2.7%, which translates to an overall decline of 12.77%.
Future trends to watch include:
- Consumer preferences toward healthier or alternative food products.
- Impacts of economic factors such as inflation or changes in disposable income.
- Innovation within the industry, such as the development of new cocoa-based products.
- Regulatory changes affecting the production and sale of food products with cocoa.
