The groundnut oil demand in France is forecasted to remain stable from 2024 to 2028, with an estimated value of 9.0 Thousand Metric Tons each year. Notably, the value for 2023 stood at 9.0 Thousand Metric Tons as well.
The year-on-year variation shows no change, indicating a flat trend in demand over the recent years. The Compound Annual Growth Rate (CAGR) over the last five years also reflects a stable market with no appreciable growth or decline.
Future trends to watch for:
• Potential shifts in consumer preferences towards alternative cooking oils.
• Changes in health trends that may impact demand.
• Economic factors such as price fluctuations and supply chain stability.
• Agricultural policies and crop yields impacting groundnut oil production.
