The roasted decaffeinated coffee market in France saw fluctuations from 2013 to 2023, with values generally experiencing a declining trend. In 2023, the market value stood at 134.32 million Euros. Between 2022 and 2023, there was a slight increase of 1.42% year-on-year. However, looking at the compound annual growth rate (CAGR) over the past five years (2018-2023), the market shows an average growth rate of 2.11% per year.
From 2013 to 2023, the market had numerous ups and downs. Significant drops occurred in 2014 (-8.39%), 2017 (-13.49%), and 2018 (-11.25%). Positive growth was noted in years like 2021, where there was a 19.06% year-on-year increase. Future forecasts predict a continued decline, with a 0.65% annual decrease expected over the next five years (2024-2028).
Future trends to watch for:
- Shift in consumer preferences towards health-conscious options and specialty coffee products.
- Potential impacts of economic factors and inflation on consumer spending in the coffee sector.
- Technological advancements in coffee production and new product innovation.
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