In 2023, the import of vegetable flour and meal to France stood at 14.65 million kilograms. By 2024, the volume is forecasted to increase to 15.204 million kilograms, marking a growth trend over the years. The imports show a steady rise, with a projected annual increase of approximately 1.3% year-on-year from 2024 to 2028. The Compound Annual Growth Rate (CAGR) over this five-year period stands at about 3.5%.
Future trends to watch for:
- Consumers' increasing demand for plant-based products may drive further growth in vegetable flour and meal imports.
- Sustainable and local production initiatives could influence import patterns as France focuses on reducing carbon footprints.
- Regulatory changes in import tariffs and trade agreements within the EU could impact future import volumes and competitive pricing.