The market for caviar and caviar substitutes in France saw fluctuating growth from 2013 to 2023, reaching a value of 57.356 Million Euros in 2023. After strong growth between 2013 and 2018, the market faced minor setbacks with a contraction observed in 2019 and 2020. The average variation per year over the last 5 years (CAGR) stood at -1.36%, indicating a slight decline. However, since 2021, the market has shown modest recovery, with year-on-year growth rates of 1.9% and 1.85% in 2022 and 2023 respectively.
Future trends to watch for:
- Continued steady growth with a forecasted 5-year CAGR of 1.34%, indicating a positive outlook.
- Market size is expected to reach 62.407 Million Euros by 2028, representing a forecasted 5-year growth rate of 6.89%.
