The market is dominated by domestic suppliers, as imports account for 48.9% of total market size in 2022. Households drive market demand, with household spending representing 50.0% of total demand in 2022. France has the largest market size for spirits regionally, with demand reaching USD12.3 billion in 2022. Societe Jas Hennessy SA is the largest company in France, generating 27.9% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 75.4% of total production value in 2022. The total number of companies decreases in 2022, to 5,938 units. The costs of the industry decrease by 2.6% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 23.5% of production value in 2022, the third highest regionally. The industry’s exports share increases in 2022 to 64.3% of total production output. With production value of USD5.9 billion, France accounts for 24.9% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Spirits in France: ISIC 1551. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Spirits in France: ISIC 1551 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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