France Organic Food & Beverages Market to Post 6% CAGR through 2021, Announces MicroMarketMonitor in Its Report Published at MarketPublishers.com
26 Aug 2016 • by Natalie Aster
LONDON – France, as one of the largest advanced economies in the world, is shifting towards healthier organic food and beverages. Nowadays, the French market for organic food and beverages is witnessing robust growth owing to enhancing health consciousness among consumers, changing consumers’ tastes and preferences, rising disposable incomes, favourable government regulations, wide choice of organic products in supermarkets, specialist stores and grocery stores.
As of the year 2015, the lion’s share in the French organic food and beverages market belonged to the organic dairy products segment. Regionally, the market is dominated by the North West region of France on the back of great population number and high personal incomes of local consumers.
Rising number of diseases resulting from conventional food and beverage consumption, changing consumers’ preferences and tastes, increasing number of specialist organic shops across the country and some other favourable factors are expected to drive the French market for organic food and beverage in the upcoming years. From 2016 up till 2021, the domestic organic food and beverage market is predicted to follow an upward trend, posting a 6% CAGR.
In-demand study “France Organic Food & Beverages Market Analysis” introduced by MicroMarketMonitor provides an in-depth analysis of the French organic food and beverages market performance, paying special attention to the current situation in the market, offering historical insights as well as outlining future growth prospects up till 2021. The report covers the market size and shares, includes the market segmentation analysis (on the basis of product type, company and region), reviews key regulative initiatives and policies, touches upon the recently adopted strategies, discusses prevailing trends, etc. Moreover, the report gives data on the market competitive landscape and offers detailed profiles of top market players. Forecasts through 2021 are provided as well.
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