The production of food products in France has shown a fluctuating trend from 2013 to 2023, standing at 145.02 billion Euros as of 2023. The last two years have seen modest growth rates, with year-on-year variations of 0.7% in both 2022 and 2023. Over the past five years, the compound annual growth rate (CAGR) has been 0.89%, indicating a gradual upward trend.
Forecasted data from 2024 to 2028 suggests a continued increase, with the production value expected to reach 150.29 billion Euros by 2028. The forecasted five-year CAGR is 0.56%, with an overall growth rate of 2.85% over the next five years.
Future trends to watch for include potential impacts of technological advancements in food production, shifts in consumer preferences towards sustainable and organic products, and regulatory changes related to food safety and environmental standards. Monitoring these factors will be essential for understanding the long-term trajectory of food production in France.