In 2023, the production of starches and starch products in France was reported at 4.39 billion kilograms. The forecast for the industry from 2024 to 2028 shows a steady growth, with values projected to rise annually from 4.4473 to 4.656 billion kilograms in that period. The year-on-year growth rates reflect a consistent upward trend, averaging a CAGR of approximately 1.15% over the five-year forecast horizon.
Future trends to watch for include:
- Environmental sustainability, potentially influencing production processes and ingredient sourcing.
- Innovation in starch applications, driving diverse market demands.
- Regulatory changes within the EU affecting production, packaging, and exports.