Based on the provided data, the shelled groundnuts and nuts market in France is observed to grow steadily from 2013 to 2023, reaching a market size of 1,099.5 million Euros in 2023. The market has experienced fluctuations in growth with significant rises in specific years, such as 2014 and 2020 when the year-on-year variation was 7.51% and 10.11%, respectively. Recent years from 2021 to 2023 show a moderate increase with respective variations of 0.049%, 0.19%, and 2.17%. The average annual growth rate (CAGR) over the last 5 years is 2.91%.
Looking at forecasted data from 2024 to 2028, the market is anticipated to maintain a positive growth trend, reaching approximately 1,212.7 million Euros by 2028. The expected 5-year CAGR is 1.56%, indicating steady but slower growth compared to prior periods. The overall forecasted growth rate over these 5 years is 8.03%.
Future trends to watch for include increasing consumer demand for healthier snacks, shifts in dietary preferences favoring plant-based diets, and potential impacts of environmental and regulatory factors on production and pricing. Technological advancements in processing and packaging may also influence market dynamics.
