The sugar turnover in France is forecasted to increase from 8.22 billion Euros in 2024 to 9.6 billion Euros in 2028. The turnover stood at 7.89 billion Euros in 2023. The year-on-year variations are as follows:
- 2024 to 2025: +4.26%
- 2025 to 2026: +3.97%
- 2026 to 2027: +3.93%
- 2027 to 2028: +3.66%
Considering the trends over the last two years (2023 to 2025), the sugar turnover increased by approximately 8.62%. The CAGR over the five-year period from 2023 to 2028 is estimated at approximately 3.93% annually.
Future Trends to Watch For:
Key future trends to observe in the French sugar market include the impact of changing consumer preferences towards healthier alternatives, potential regulatory changes targeting sugar consumption, and the influence of fluctuating global sugar prices on local turnover. Additionally, technological advancements in sugar production and alternative sweeteners could shape the market dynamics.
