Forecast: Sold Production of Fresh Pastry Goods and Cakes in France

The sold production of fresh pastry goods and cakes in France experienced varying growth patterns over the years. From 2013 to 2023, there were periods of notable increases as well as declines. The year 2013 registered a mild increase of 1.2%, followed by a slight decrease of 0.17% in 2014. Significant growth occurred between 2015 and 2018, with a peak year-on-year increase of 10.96% in 2016. This trend was disrupted in 2019 and 2020 with declines of -7.18% and -7.25%, respectively, likely influenced by external factors such as economic or market disruptions. Recovery began in 2021 with a growth of 7.92%, and moderate growth persisted up to 2023.

In 2023, the value stood at 1.4174 Billion Kilograms. Over the last two years, the year-on-year variation has shown a slight positive trend with 1.9% in 2022 and 1.87% in 2023. The compound annual growth rate (CAGR) from 2019 to 2023 reflected a -0.72% change, indicating an overall stagnation over this period.

Looking toward the future, the forecast from 2024 to 2028 suggests a steady increase in production, with a projected CAGR of 1.35%. By 2028, the forecasted annual production is set to grow by 6.96% from the current levels.

Future trends to watch for include potential impacts of changing consumer preferences, economic recovery post-pandemic, and innovations in pastry production that may drive further growth in this sector. Additionally, sustainability practices and the rise of health-conscious products could influence market dynamics significantly.