From 2013 to 2023, the sold production of sugar in France showed a declining trend, decreasing from 3.0359 Billion Euros in 2013 to 1.3302 Billion Euros in 2023. The year 2014 marked a significant drop of 15.68%, followed by a consistent decline until 2016. A brief recovery occurred in 2017, increasing by 13.18%, but the general trend continued downward. By 2023, the year-on-year variation indicated another slight decline of 1.9%, with an average annual reduction (CAGR) of 7.25% over the last five years.
Looking ahead from 2024 to 2028, the forecast shows a continued decrease in production value, reaching 1.2053 Billion Euros by 2028, with a forecasted 5-year CAGR of -1.57%. This reflects a persistent negative growth trend, albeit at a slower rate than in previous years.
Trends to watch for include potential shifts in consumer behavior toward healthier alternatives, regulatory impacts on sugar production, and the influence of technological advancements on production efficiency. These factors could significantly affect future projections.
