The wholesale sugar confectionery pastes market in France has experienced a steady decline in value from 2013 to 2023, reaching 18.926 million Euros by 2023. This decline represents a consistent downward trend with several fluctuations, including a marginal rise in 2017 and 2020. The year-on-year decrease over 2022 and 2023 was 3.36% and 3.44%, respectively, and the five-year CAGR since 2018 was -3.03%.
Future forecasts suggest a continued decrease in market value, projected to reach 15.651 million Euros by 2028, indicated by a forecasted five-year CAGR of -3.03% and an overall decline of 14.28% from 2023. The market will need close monitoring for potential stabilizing factors or innovations that could disrupt this prolonged decline.
Future trends to watch include potential impacts of regulatory changes, shifts in consumer health awareness, and new product developments focusing on healthier options or alternative sweeteners that could alter market dynamics significantly.
