The dairy products sector in France exhibited fluctuating growth between 2013 and 2023. Production value rose from €28.33 billion in 2013 to €36.6 billion in 2023, showcasing significant annual variations. Notably, years like 2017 saw a 19.25% increase, contrasting with declines in 2015 and 2016. Over the last two years, the sector grew moderately, reflecting a 2.39% year-on-year increase in 2023. The CAGR from 2018 to 2023 was 1.25%.

Future trends indicate a steady growth trajectory, with forecasts predicting the production value to reach €40.75 billion by 2028, reflecting a 1.7% CAGR. The forecasted growth rate over the next five years is 8.81%.

Trends to Watch:

Technological advancements in dairy production and processing.
Increasing consumer demand for organic and sustainable dairy products.
Potential market fluctuations due to global trade policies and economic conditions.
Rising milk consumption in emerging markets contributing to export growth.