From 2013 to 2023, the sold production of prepared meals and dishes in France has seen notable fluctuations. The value stood at 6.080 Billion Euros in 2023. The industry experienced steady but limited growth from 2013 to 2019, followed by a significant dip in 2020, and an unprecedented drop in 2021. However, the market rebounded robustly in 2022 with a remarkable increase, and this growth continued modestly in 2023 with a 3.95% year-on-year change. The 5-year CAGR from 2018 to 2023 was 2.08%, which indicates a slow but positive growth trajectory.
Looking forward to the forecast period from 2024 to 2028, the market is expected to continue its upward trend but at a moderate pace, with a forecast 5-year CAGR of 1.22% and an estimated growth rate of 6.23%. This suggests a stable and gradual increase in the market value.
Future trends to watch for include:
- Consumer trends shifting towards healthier and more sustainable meal options.
- Impact of technological advancements in food preparation and packaging.
- Potential disruptions from economic changes and supply chain issues.
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