The molasses market in France is projected to experience a steady decline from 2024 to 2028. In 2023, the volume stood at approximately 480.01 million kilograms, setting a reference point for the analysis. From 2024 to 2028, the market volume is forecasted to decrease annually, with values moving from 457.06 million kilograms in 2024 to 370.49 million kilograms by 2028.
The year-on-year variation between 2024 and 2025 shows a decline of 4.8%, between 2025 and 2026 a decline of 5.0%, between 2026 and 2027 a decline of 5.2%, and between 2027 and 2028 a decline of 5.4%. The compound annual growth rate (CAGR) over the last five years indicates an average annual decline of roughly 5.0%.
Future trends to watch for include potential shifts in consumer preferences towards natural sweeteners, regulatory changes impacting sugar production, and advancements in alternative products. The impact of sustainability and environmental concerns may further influence the market dynamics and demand for molasses.
