Between 2013 and 2023, the evaporated milk market in France witnessed a decline in per capita value, falling from 4.55 Euros to 3.66 Euros. Despite a notable drop initially, a stabilization occurred from 2019 to 2023, with consistent values in the last three years. From 2022 to 2023, the market per capita value remained unchanged, while over the past five years (2018-2023), there was a minimal average yearly decline in CAGR indicating low volatility. In 2023, the market stood at 3.66 Euros Per Capita.
Future trends to watch for:
- Emerging consumer preferences for plant-based or alternative dairy products may influence market dynamics.
- Economic factors and shifts in consumer spending may further impact demand patterns.
- Innovations and added-value product options could revive consumer interest, potentially stabilizing or boosting market growth.