The prepared meals market in France exhibited fluctuating growth over the span from 2013 to 2023. The market volume stood at 1.3824 billion kilograms in 2023. Over the past two years, there was a slight increase in volume with a year-on-year variation of 1.03% in 2022 and 1.01% in 2023. The compound annual growth rate (CAGR) for the last five years leading up to 2023 was 0.73%, indicating modest growth. Looking forward, forecasted data from 2024 to 2028 projects a continued gradual increase in volume with an anticipated 5-year CAGR of 0.75%, resulting in a cumulative growth rate of 3.82% by 2028.
Future trends to watch for include:
- Changing consumer preferences towards healthier and organic prepared meal options.
- Increased demand for convenience foods driven by busy lifestyles and an aging population.
- The impact of technological advancements in food preservation and packaging on market growth.
- Sustainability practices and their influence on production and consumption patterns.
- Potential disruptions from global supply chain issues or economic fluctuations.
