For 2023, the production volume for basic pharmaceutical products and preparations in France was approximately €33.82 billion. The forecast from 2024 to 2028 indicates a steady increase from €34.39 billion to €37.24 billion, reflecting a positive growth trajectory. Year-on-year growth rates suggest an average increase of around 2.6% annually over this period. The Compound Annual Growth Rate (CAGR) for 2024-2028 is projected at approximately 2.25%.
Future trends to watch include:
- Technological advancements in pharmaceutical manufacturing.
- Impact of regulatory changes within the EU.
- Increased investment in biotechnology and personalized medicine.
- Rising demand for generic and over-the-counter medications in response to healthcare cost pressures.
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