Between 2013 and 2023, France’s citrus fruit spreads market experienced an overall decline in volume, decreasing approximately -10.7% over the entire period from 7.839 million kilograms to 6.9985 million kilograms. Notably, despite minor recoveries in 2019 and 2020, the market showed a consistent downward trend with an annual average decline of -2.65% by 2015 and steepening to -2.94% by 2017. Year-on-year variations highlight significant decreases, especially between 2013 and 2018. The volume stood at 6.9985 million kilograms in 2023.
Looking ahead, forecasted data indicate that the market will continue its decline, with projected volumes decreasing over the next five years to reach 6.1087 million kilograms by 2028. The market is expected to shrink at an average annual rate of -2.17%, cumulatively resulting in a -10.39% drop in volume by 2028.
Future trends to watch for:
- Emerging consumer preferences towards healthier and fresh alternatives.
- Potential impacts of economic factors such as inflation and disposable income on consumer buying behaviors.
- Advancements in product innovation and marketing strategies to attract new segments.
- Regulatory changes impacting production and distribution of food products.
