In 2023, the Food, Beverages, and Tobacco sector's final consumption of renewables and biofuels in France was at a baseline of 7.8 thousand terajoules. From 2024 to 2028, the forecasted data show a steady increase, with values at 7.8, 7.92, 8.04, 8.16, and 8.27 thousand terajoules, respectively. On a year-on-year basis, the consumption grows by approximately 1.54% to 1.66%. The compound annual growth rate (CAGR) over this five-year period is projected at about 1.54%, indicating a consistent upward trajectory.
Future trends to watch for include:
- Potential policy changes aimed at accelerating the adoption of renewables in key sectors.
- Technological advancements that could drive efficiency gains in renewable energy utilization.
- Market shifts resulting from consumer preferences for more sustainable products within the sector.