Year 11 | 20 September 2019 | email@example.com
During the review period, the value of the French foodservice industry increased by a CAGR of 1.89%. Moreover, the sector’s per-capita sales increased by a CAGR of 1.30% during the same period.
Between 2005 and 2010, the growth in the French foodservice industry was attributed to the growth in the tourism and hospitality industry in the country, which recorded an increase in domestic tourism as French citizens preferred shorter holidays and shorter travel distances.
The tourism and hospitality industry in France was also supported by strong international tourism during the period. In addition, the aging population and the increasing number of immigrants into the country resulted in a number of societal changes in France, which in turn have affected the French foodservice industry during the review period.
by S. C.
02 december 2011, World News > Europe