The wheat or meslin flour market in France experienced fluctuating growth from 2013 to 2023. While the market peaked in 2015, it saw a notable decline in 2016 and 2020. However, modest growth returned from 2021 onwards. In 2023, the market size was approximately 4.0138 billion kilograms, reflecting a 1.15% year-on-year increase, with a CAGR of 0.18% over the past five years. Moving forward, the market is projected to grow, with a forecasted CAGR of 0.86% and an overall growth rate of 4.36% by 2028.
Future trends to watch for:
- Technological advancements in flour production, focusing on improved efficiency and sustainability.
- Increased demand for organic and gluten-free alternatives.
- Impact of climate change on wheat production and supply chain stability.
- Evolving consumer preferences towards health-conscious eating habits.
- Regulatory changes and their implications on the flour industry.