The forecast for food gross production in France shows a consistent decline from 2024 to 2028. In 2023, the value stood at 56 billion US dollars PPP. The projected values indicate a gradual decrease: 0.24% in 2025, 0.24% in 2026, 0.24% in 2027, and 0.24% in 2028. This indicates a Compound Annual Growth Rate (CAGR) of -0.24% over five years from a baseline of 2023.
Future trends to watch for:
- Impact of climate change on agricultural output.
- Fluctuations in global food prices and trade policies.
- Technological advancements in food production.
- Changing consumer preferences towards sustainable and local foods.