The condensed milk market in France has experienced fluctuating trends over the past decade, with volume peaking at 22.334 million kilograms in 2015 and reaching 15.496 million kilograms in 2023. From 2013 to 2015, the market saw growth, yet starting in 2016 a declining trend took hold, highlighted by a 13.17% drop in 2017. The COVID-19 pandemic in 2020 further impacted the market, leading to continued volume decreases. Over the last five years, the compound annual growth rate stood at -2.62%, reflecting this decline.
For the future, watch for trends such as increased health consciousness leading to potentially declining demand, innovation in dairy-free alternatives, and the impact of global supply chain disruptions on availability and pricing in the market.
How does France rank in Condensed Milk Market Size Volume?
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 205,740,000 | 2023 | +1.98% | +2.04% | View data |
| 2 | 2 United Kingdom | 32,378,000 | 2023 | +1.74% | +2.11% | View data |
| 3 | 3 France | 15,496,000 | 2023 | -0.11% | -2.62% | |
| 4 | 4 Lithuania | 6,070,200 | 2023 | -1.47% | +0.37% | View data |
| 5 | 5 Portugal | 5,381,900 | 2023 | -1.3% | -0.52% | View data |
