Key Market Indicators
Consumption of milk is estimated to reach €3.1 billion by 2026, growing at an average rate of 0.1% year on year. This follows a decrease of 0.9% year on year in 2020. The United Kingdom, Italy and France are the top three countries in this ranking. France is expected to produce 26.6 million Metric Tons of milk by 2026, a 0.3% increase year on year on average. Since 1966, the country has seen a 0.3% reduction year on year. In 2021, Russia overtook France, with 26.2 million Metric Tons. The United States Virgin Islands, Pakistan and Brazil were the second, third and fourth largest producers respectively.