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Foie Gras and Smoked Salmon Sales Surge During Holiday Season, Champagne Declines

French consumers prioritized gourmet festive foods over sparkling wines in their end-of-year purchases, reflecting shifting spending habits.

Les Français ont acheté davantage de foie gras et de poissons fumés qu'un an plus tôt en amont des fêtes de fin d'année 2024

Overview

  • Sales of foie gras rose by 31.1% in value and 33.2% in volume compared to the same holiday period in 2023, according to industry data.
  • Smoked fish, including salmon and trout, also saw strong growth, with over a 10% increase in value and 6.2% in volume, indicating higher prices.
  • Overall, festive food products achieved an 11.3% increase in revenue and an 8.3% rise in volume, despite a 2.8% drop in overall retail sales during the period.
  • Champagne and other sparkling wines, including crémants and prosecco, experienced a 6% decline in sales compared to the previous year.
  • Economic and political uncertainty in France is prompting concerns about reduced consumer spending, as many opt to save rather than splurge.