The buttermilk market in France, expressed in volume, saw steady gains from 2013 through 2023, with a notable acceleration in growth from 2017 onwards. By 2023, the market volume stood at 47.043 million kilograms. The variations from 2016 to 2017 (26.82%) and from 2020 to 2021 (-4.31%) are particularly noteworthy, reflecting significant shifts in market dynamics. The recent year-on-year growth rates show a steady pattern, with the latest increase in 2023 being 6.14%. The 5-year CAGR from 2018 to 2023 is averaged at 6.41%, indicating solid growth.
Forecasts from 2024 to 2028 predict a more moderated growth rate, with an average CAGR of 3.91%, leading to a 21.12% overall increase by 2028. As such, the market is expected to remain on an upward trajectory, although at a slower pace compared to previous years.
Future trends to watch for include the impact of health trends on buttermilk consumption, potential innovations in product offerings, and the influence of dairy market dynamics and agricultural policies on production and demand.
