Forecast: Renewables and Biofuels Final Consumption in Food, Beverages and Tobacco Sectors in France

In 2023, the final consumption of renewables and biofuels in France's food, beverages, and tobacco sectors was lower than the projected 2.17 thousand gigawatthours for 2024. The forecasted annual increases from 2024 to 2028 indicate a steady growth trend, with values rising from 2.17 in 2024 to 2.31 thousand gigawatthours in 2028. Year-on-year variations reflect a consistent annual growth of around 1.8% to 1.5%, culminating in a compound annual growth rate (CAGR) of approximately 1.6% over the five-year forecast period.

Future trends to watch include:

  • Potential policy changes impacting renewable energy adoption in industrial sectors.
  • Technological advancements that could increase energy efficiency.
  • Market dynamics and consumer preferences towards sustainability.

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