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.

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.