The Milled or Broken Rice market in France exhibited gradual growth from 2013 to 2023, with a noticeable acceleration between 2020 and 2023. In 2023, the market stood at 677.97 million kilograms. The period experienced fluctuations, driven by external market factors and consumer demand. Year-on-year growth from 2022 to 2023 was 2.58%, indicating a stabilization after a previous spur in growth in 2022. The comprehensive CAGR from 2018 to 2023 was 3.43%, showing consistent market expansion.
Future trends to watch include:
- Continued growth with forecasts projecting a 5-year CAGR of 1.82% until 2028, suggesting a persistent increase in market size.
- Potential impacts from agricultural policies, trade agreements, and shifts in consumer preferences toward sustainable and diverse food sources.
- Technological advances in rice milling and packaging that could influence market dynamics further.
