Key regions: United States, Brazil, Germany, Italy, Spain
France is known for its rich agricultural heritage and is one of the largest agricultural producers in Europe. The agriculture market in France has been developing at a steady pace due to several underlying macroeconomic factors and local special circumstances.
Customer preferences: French consumers have a strong preference for locally produced fresh fruits and vegetables. This has led to an increase in demand for organic and sustainable farming practices. Additionally, there has been a growing trend towards alternative protein sources such as plant-based products, which has resulted in an increase in demand for crops such as soybeans and rapeseed.
Trends in the market: One of the major trends in the agriculture market in France is the adoption of precision agriculture techniques. Farmers are increasingly using technology such as drones and GPS systems to optimize crop yields and reduce waste. Another trend is the increasing use of biotechnology in agriculture, which has led to the development of genetically modified crops that are more resistant to pests and diseases.
Local special circumstances: France has a diverse agricultural landscape, with different regions specializing in different crops. For example, the Champagne region is known for its vineyards, while the Loire Valley is known for its fruit orchards. This has led to the development of local food markets, where consumers can purchase fresh produce directly from farmers.
Underlying macroeconomic factors: The agriculture market in France is heavily influenced by EU agricultural policies, which provide subsidies to farmers and regulate the market. Additionally, France has a highly skilled workforce and a strong research and development sector, which has led to the development of innovative agricultural technologies. The country also has a strong export market for agricultural products, particularly in the wine and cheese industries. However, the agriculture market in France is also facing challenges such as climate change, which has led to unpredictable weather patterns and crop failures.
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.
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