The market for shelled groundnuts and nuts in France has demonstrated a fluctuating yet overall positive growth trajectory from 2012 to 2022. Despite minor declines in 2013 and 2018, the market rebounded strongly, particularly visible with substantial growth spikes in 2014, 2015, and 2020. Particularly noteworthy is the 10.11% year-on-year increase in 2020, propelling the market value significantly upwards. The Compound Annual Growth Rate (CAGR) over the last five years stands at an average of 2.63%, highlighting steady growth momentum.
The market in 2023 is expected to stand at slightly over 1090.4 million euros, reflecting the robust trend observed in recent years.
Future trends to watch for:
- Potential market saturation and the need for innovation to sustain growth.
- Increasing consumer preferences for healthier snack options.
- Impacts of economic fluctuations and consumer spending behavior.
- Rising competition and potential new market entrants.
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,328,800,000 | 2023 | +4.78% | +6% | View data |
| 2 | 2 France | 1,099,500,000 | 2023 | +2.17% | +2.91% | |
| 3 | 3 Poland | 497,890,000 | 2023 | +3.17% | +2.72% | View data |
| 4 | 4 Denmark | 136,560,000 | 2023 | +2.15% | +3.22% | View data |
| 5 | 5 Sweden | 129,700,000 | 2023 | +1.78% | +0.057% | View data |
