Forecast: Production Volumes of Food and Beverage Service Activities in France

The production volumes of food and beverage service activities in France observed a general upward trend from 2013 to 2023, culminating at 91.07 billion Euros in 2023. The year-on-year percentage changes fluctuated, with notable growth spurts in 2018 and 2019 at 4.66% and 5.39% respectively. The Compound Annual Growth Rate (CAGR) exhibited consistent positive growth, with a noticeable increase in the five years leading up to 2019. However, a slight dip was observed in 2020 due to external factors, stabilizing again post-2021.

Future trends to watch for include:

  • Further anticipated growth, albeit at a slower pace, with forecasted CAGR at 0.99% over the next five years.
  • Potential impacts of economic fluctuations on consumer spending.
  • Integration of technology and sustainable practices in the food and beverage service sector.

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