The French ice cream market demonstrated modest growth from 2012 to 2022, with a market size value increasing from 1.2437 billion Euros in 2012 to 1.3164 billion Euros in 2022. The year-on-year variations have generally been positive, aside from a few minor contractions in 2013 and 2014. Noticeable growth occurred in 2015 with a 2.85% increase and remained steady thereafter. The average compound annual growth rate (CAGR) from 2018 to 2022 was 0.6%, reflecting a stable yet slow expansion.
From the last two years, a slight but consistent growth trend of 0.4% and 0.39% was observed in 2021 and 2022, respectively, indicating a steady demand for ice cream products in France. The overall five-year CAGR prior to 2023 stands at 0.6%, showcasing a modest but persistent growth pattern.
Future trends to watch for include:
- Innovations in product offerings, such as healthier options and plant-based ice creams.
- Increased consumer demand during the summer season due to climate changes.
- Potential market saturation which could lead to an emphasis on premium products.
- Impact of economic factors on discretionary spending which may affect overall market growth.
How does France rank in Ice Cream Market Size Value?
| # | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,378,000,000 | 2023 | +0.41% | -2.55% | View data |
| 2 | 2 France | 1,321,400,000 | 2023 | +0.38% | +0.31% | |
| 3 | 3 Spain | 1,069,700,000 | 2023 | +0.16% | +1.11% | View data |
| 4 | 4 Poland | 448,960,000 | 2023 | +2.04% | +2.47% | View data |
| 5 | 5 Netherlands | 316,270,000 | 2023 | +3.31% | +0.5% | View data |
