The soya sauce market in France has exhibited steady growth over the past decade, increasing from €32.671 million in 2013 to €62.811 million in 2023. The highest year-on-year growth was observed in 2016 at 18.73%, while the market experienced a slight contraction of -2.45% in 2018. In recent years, the growth rates have stabilized, with a year-on-year increase of 3.02% in 2023.
Over the last five years, the market has grown with a compound annual growth rate (CAGR) of 4.74%. Forecasts indicate continued growth, albeit at a slower rate, with a projected CAGR of 2.04% from 2024 to 2028, resulting in a market size of €71.468 million by 2028.
Future trends to watch for:
- The potential impact of health and wellness trends driving demand for low-sodium and organic soya sauce options.
- The influence of increasing popularity of Asian cuisine in France expanding consumer base.
- Technological advancements in production and packaging improving product shelf life and distribution efficiency.
- Environmental sustainability practices influencing consumer preferences and regulatory landscapes.
