The food products, beverages, and tobacco products manufacturing output in France exhibited fluctuating trends over the last decade, with a general upward movement in recent years. From 2013 to 2023, the output grew from 158.13 Billion Euros to 202.86 Billion Euros. There were significant year-on-year variations, including a sharp 15.78% increase in 2022 and a 2.79% growth in 2023. The Compound Annual Growth Rate (CAGR) was notable in the last five years, averaging 4.66% annually, indicating a robust growth momentum.
Future projections from 2024 to 2028 suggest a continued positive trajectory, with the output expected to reach 230.19 Billion Euros in 2028. The forecasted 5-year CAGR is 2%, indicating steady growth prospects. Analysts should pay attention to the evolving consumer preferences, regulatory changes, and technological advancements that could significantly impact the manufacturing landscape.
- 2013: 158.13 Billion Euros
- 2014: 161.0 Billion Euros
- 2015: 157.64 Billion Euros
- 2016: 155.23 Billion Euros
- 2017: 162.74 Billion Euros
- 2018: 161.56 Billion Euros
- 2019: 164.36 Billion Euros
- 2020: 160.99 Billion Euros
- 2021: 170.46 Billion Euros
- 2022: 197.35 Billion Euros
- 2023: 202.86 Billion Euros
- 2024: 208.44 Billion Euros (Forecast)
- 2025: 213.96 Billion Euros (Forecast)
- 2026: 219.42 Billion Euros (Forecast)
- 2027: 224.83 Billion Euros (Forecast)
- 2028: 230.19 Billion Euros (Forecast)
