The tea market in France has shown a steady increase in value per capita from 2013 to 2023, with the value reaching 4.26 Euros per capita in 2023. A noticeable upward trend is observed, especially over the past decade, despite minor fluctuations in individual years. Over the last two years, the year-on-year growth rates were approximately 6.5% in 2022 and 3.6% in 2023. The compound annual growth rate (CAGR) over the last five years stands at roughly 3.4%. This indicates a robust growth pattern in consumer spending on tea per person in France.
Looking forward, factors such as increasing health consciousness, trends towards premium tea products, and the rise of tea exploration in the culinary world are important to monitor. Innovations in tea offerings, sustainable sourcing, and marketing strategies focusing on younger demographics will likely influence future market dynamics.
How does France rank in Tea Market Size Value Per Capita?
# | 14 Countries | Euros Per Capita | Last Year | |||
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1 | 1 United Kingdom | 11.65 | 2023 | View data | ||
2 | 2 Lithuania | 7.49 | 2023 | View data | ||
3 | 3 Slovakia | 5.48 | 2023 | View data | ||
4 | 4 Latvia | 5.07 | 2023 | View data | ||
5 | 5 Estonia | 4.93 | 2023 | View data | ||
6 | 6 France | 4.26 | 2023 | |||
7 | 7 Sweden | 3.51 | 2023 | View data | ||
8 | 8 Czech Republic | 2.93 | 2023 | View data | ||