The beer production value in France is forecasted to show steady growth from 2024 to 2028. Specifically, projections indicate an increase from 3.08 billion euros in 2024 to 3.22 billion euros in 2028. Compared to 2023, where the beer production value stood at 3.03 billion euros, the forecasted data suggests a moderate yet consistent upward trend.
Here's the year-on-year variation in percentage:
- From 2023 to 2024: 1.65% increase
- From 2024 to 2025: 1.30% increase
- From 2025 to 2026: 0.96% increase
- From 2026 to 2027: 1.27% increase
- From 2027 to 2028: 0.94% increase
The compound annual growth rate (CAGR) from 2023 to 2028 is approximately 1.23% per year, suggesting stable growth over this five-year period.
Future trends to consider include the impact of changing consumer preferences towards craft beers, regulatory changes, and the overall economic climate in France, which could influence production volumes and, consequently, the value. Additionally, market players should monitor potential disruptions from sustainability and health trends affecting the alcoholic beverage industry.