The soft drinks sector in France has demonstrated a dynamic trajectory over the past decade, growing from 6.99 billion Euros in 2013 to 11 billion Euros in 2023. The year-on-year variations have shown notable fluctuations, with significant growth periods in the mid-2010s, a dip in production in 2020 due to external factors, and a robust recovery in subsequent years. In the past two years, the sector saw an average annual growth rate of around 5.78%, while the compound annual growth rate (CAGR) for the past five years stands at 2.53%.
Looking forward, the sector is forecasted to continue on a growth path, with an average annual growth rate (CAGR) of approximately 2.51% between 2024 and 2028, resulting in a projected total market size of 12.88 billion Euros by 2028.
Future trends to watch for include:
- Innovations in health-conscious and sustainable beverage options
- Impact of regulatory changes related to sugar content and packaging
- Consumer preferences shifting towards functional and wellness drinks
- Potential disruptions from economic factors or shifts in global trade policies
