The grape juice market in France has witnessed a steady decline from 2013 to 2023, with the market value dropping from 111.05 million Euros in 2013 to 51.235 million Euros in 2023. The year-on-year variations have highlighted key changes, including notable declines between 2014 and 2015 (-17.57%, -14.1%) and from 2019 to 2020 (-17.81%, -8.56%). However, there have been minor recoveries, such as in 2016 and 2018. Recent years showed modest decreases, with a particularly steady decline over the last two years (-3.65% in 2022 and -3.75% in 2023). The Compound Annual Growth Rate (CAGR) over the last five years stands at -7.57%.
Forecasts indicate the downward trend will continue, projecting a market value of 41.552 million Euros by 2028, translating to a -3.35% forecasted CAGR over the next five years. Future trends to watch include potential shifts in consumer preferences toward healthier and organic options, innovations in product offerings, and changing market dynamics due to economic and environmental factors.
