The beer market in France has seen fluctuations over the past decade. As of 2023, the market size stood at 460.89 million kilograms, showing a modest annual increase of 2.42% from the previous year. Previously, the market experienced significant growth in 2015 and 2017, but substantial declines in 2019 and 2021. The compound annual growth rate (CAGR) from 2018 to 2023 is relatively low at 0.97%. Looking forward to 2028, the forecasted 5-year CAGR is 1.73%, indicating a steady growth trajectory.
Future trends to watch for in the French beer market include:
- A growing preference for craft and premium beers.
- Increased awareness and demand for sustainable and organic brewing practices.
- Potential regulatory changes impacting production or consumption.
- Continuing expansion into digital and direct-to-consumer sales channels.