The household expenditure on food and soft drinks in France is forecasted to grow consistently from 2024 to 2028. In 2023, the expenditure stood at 187 billion Euros. Year-on-year growth shows a steady increase with forecasts projecting expenditures to rise from 191.23 billion Euros in 2024 to 207.91 billion Euros in 2028. The average annual growth rate (CAGR) over this five-year period is anticipated to be around 2%. This indicates a moderate but consistent increase in consumer spending in this sector.
Future trends to watch for:
- Changes in consumer preferences towards healthier and organic options might impact spending patterns.
- Evolving economic conditions and inflation rates could influence real expenditure growth.
- Technological advancements in food production and delivery services could further drive changes in expenditure.