The analysis of the sold production of food preparations for infants in France reveals a significant growth trajectory over the eleven-year period from 2013 to 2023. In 2023, the value stood at 1078.8 million euros, showing a consistent upward trend with minor fluctuations. The two-year variation between 2022 and 2023 was 2.56%, and the five-year CAGR up to 2023 was 4.62%. The highest peak within this historical period occurred in 2023, reinforcing the positive growth pattern.
Looking ahead, from 2024 onwards, the forecast data reflects a steady CAGR of 1.81% over the next five years, projecting the value to reach 1209.4 million euros by 2028. The slower growth rate suggests a maturation of the market with a forecasted 9.4% growth over five years.
Future trends to watch for:
- Potential impacts of demographic changes, such as birth rates.
- Innovation in infant food products and their acceptance in the market.
- Regulatory changes and their effects on production and pricing.
- Consumer preferences shifting towards organic and natural products.
