Forecast: Beer Demand in France

Beer demand in France stood at 1.87 million metric tons in 2023, showing a modest year-on-year increase of 0.32%. This marks a stabilized demand trend after a volatile period highlighted by a significant drop in 2020 due to the pandemic, and a substantial rebound in 2021. The Compound Annual Growth Rate (CAGR) over the past five years stands at 0.34%.

Future demand forecasts indicate modest growth, with the beer market expected to reach 1.9 million metric tons by 2028. A forecasted five-year CAGR of 0.27% suggests continued steady demand with a projected growth rate of 1.34% over this period.

Future trends to watch:

  • Impact of health and wellness trends on beer consumption
  • Influence of craft beer innovation and local brewery popularity
  • Potential effects of economic fluctuations on consumer purchasing power
  • Changes in regulatory environment and taxation

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