France: Food Processing Ingredients
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The French food processing sector encompasses approximately 15,500 companies ranging from small family-owned businesses to some of the world’s largest multinationals. Widely regarded for global leadership in innovative technology, quality and marketing, French food processing companies provide employment to more than 433,000 people, generating $53 billion in export sales. In 2021, the French food processing industry faced significant challenges with COVID related supply disruptions. While market demand has remained strong, rising energy and commodity prices, together with the ongoing Russia - Ukraine crisis, cast a shadow on the short-term outlook