In 2023, the sold production of machinery for the industrial preparation or manufacture of food or drink, including fats or oils, stood at an estimated 794.53 million euros in France.
From 2024 to 2028, the sector is expected to experience steady growth. Year-on-year, the values increase by approximately 2.76% in 2025, 2.65% in 2026, 2.56% in 2027, and 2.47% in 2028. This reflects a consistent positive trend that projects confidence in the market's resilience and potential for expansion.
The compound annual growth rate (CAGR) over these five years is projected to be around 2.64%, indicating a moderate but reliable growth trajectory for the industry.
Future trends to watch for:
- Advancements in automation and digital technologies to increase efficiency and productivity.
- Rising demand for sustainable and energy-efficient machinery as environmental concerns remain a priority.
- Potential impacts of global economic fluctuations and trade policies on the export of such machinery.