Between 2013 and 2023, the Milled or Broken Rice Market in France experienced notable growth, increasing from €600.3 million to €877.67 million. The market saw year-on-year fluctuations, with significant growth peaks in 2014 (10.77%), 2018 (9.13%), and 2020 (12.09%). Despite some dips, such as in 2015 (-0.96%) and 2021 (-3.75%), the overall trend has been upward. The Compound Annual Growth Rate (CAGR) over the last five years stood at 4.01%, indicating steady growth.
In 2023, the market value reached €877.67 million. Key variations over the past two years included a 3.07% increase in 2022 and a 2.1% increase in 2023.
Future trends to watch:
- Sustained demand driven by culinary trends and increasing consumption of diverse rice varieties.
- Potential impacts of global agricultural yield fluctuations due to climate change.
- Regulatory changes impacting rice imports and production standards.
- Innovations in rice processing and packaging, aiming at extending shelf-life and enhancing quality.
How does France rank in Milled or Broken Rice Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 877,670,000 | 2023 | +2.1% | +4.01% | |
| 2 | 2 United Kingdom | 701,990,000 | 2023 | +0.068% | +0.23% | View data |
| 3 | 3 Spain | 635,490,000 | 2023 | -0.38% | +0.23% | View data |
| 4 | 4 Portugal | 155,070,000 | 2023 | -0.18% | -0.16% | View data |
| 5 | 5 Sweden | 123,160,000 | 2023 | +3.33% | +6.58% | View data |
