The production of sweeteners in France has shown a generally upward trend from 2014 onwards, with some fluctuations. Notable increases were observed in 2015 and 2017, with year-on-year growth rates of 16.19% and 21.76% respectively. Conversely, 2016 and 2018 experienced declines. By 2023, production reached 7.4 million metric tons, reflecting a modest 1.37% year-on-year increase. Over the last five years, the compound annual growth rate (CAGR) stood at 1.82%.
Looking forward, the production of sweeteners in France is expected to grow continuously but at a slower pace. Forecasts predict a production level of 7.92 million metric tons by 2028, with a forecast CAGR of 1.07% over the next five years. This indicates a more moderate growth trajectory, hinting at market stabilization.
Future trends to watch for include:
- Developments in sugar substitute technologies, which could impact production volumes.
- Regulatory changes related to health and environmental concerns.
- Shifts in consumer dietary preferences and behaviors.