Vegetables - France

France

Gross production value in Vegetables market is projected to amount to €276.40m in 2024. An annual growth rate of 2.35% is expected (CAGR 2024-2028), resulting in gross production value of €303.30m in 2028.
The import value in Vegetables market is projected to amount to €2.7bn in 2024. An annual growth rate of 3.06% is expected (CAGR 2024–2028).
The export value in Vegetables market is projected to amount to €1.4bn in 2024. An annual growth rate of 3.79% is expected (CAGR 2024–2028).

Key regions: Germany, Brazil, Spain, Italy, United Kingdom

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Analyst Opinion

France, famously known for its cuisine and gastronomy, has a thriving vegetable market that caters to the country's culinary culture.

Customer preferences: French consumers have a strong preference for fresh, locally sourced vegetables, which has led to an increase in demand for organic and locally grown produce. Consumers are also becoming increasingly health-conscious, leading to a rise in demand for vegetables that are perceived to be healthier, such as leafy greens and cruciferous vegetables.

Trends in the market: One of the notable trends in the French vegetable market is the increasing popularity of plant-based diets. This trend has led to a surge in demand for vegetables that are high in protein, such as legumes and soy products. Additionally, there has been a growing interest in exotic vegetables, such as sweet potatoes and avocados, which have become staples in many French households.

Local special circumstances: France has a rich agricultural tradition, and the country's climate and geography provide ideal conditions for growing a wide variety of vegetables. This has led to a diverse range of vegetables being available in the market, including regional specialties such as artichokes from Brittany and asparagus from the Loire Valley. Additionally, the country's strict food regulations ensure that vegetables are of high quality and safety standards.

Underlying macroeconomic factors: The French vegetable market is influenced by a range of macroeconomic factors, including changes in consumer spending patterns, global trade policies, and climate change. The COVID-19 pandemic has also had an impact on the market, with an increase in demand for fresh produce as consumers focus on their health and well-being. However, the pandemic has also led to supply chain disruptions, which have affected the availability and pricing of certain vegetables. In conclusion, the French vegetable market is thriving, with a focus on fresh, locally sourced produce and a growing interest in plant-based diets and exotic vegetables. The country's rich agricultural tradition, diverse climate, and strict food regulations contribute to the availability of a wide range of high-quality vegetables. However, the market is also influenced by macroeconomic factors, including the COVID-19 pandemic, which has led to both opportunities and challenges for the industry.

Methodology

Data coverage:

The data encompasses B2B. Figures are based on the value of gross production in the agriculture market, which values of production are calculated by multiplying gross production by output prices at the farm gate.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market. As a basis for evaluating markets, we use resources from the Statista platform as well as annual financial reports of the market-leading companies and industry associations, third-party studies and reports, national statistical offices, international institutions, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting agriculture products due to the non-linear growth of this market, especially because of the direct impact of climate change on the market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.