Forecast: Dairy Products Production Value in France

Between 2013 and 2023, the production value of dairy products in France demonstrated fluctuating growth, standing at 36.6 billion euros in 2023. The most significant fluctuation was in 2017 with a 19.25% increase. Over the last two years, growth is evident with a 2.39% increase in 2023. The five-year annual growth rate (CAGR) is 1.25%, showing modest growth.

Forecasts predict a slight rise in the production value, reaching 40.75 billion euros by 2028, with a forecasted 1.7% CAGR and an overall growth rate of 8.81% over five years.

Future trends to watch for include:

  • Potential shifts in consumer preferences toward sustainable and plant-based dairy alternatives.
  • Changes in international trade policies impacting dairy exports and imports.
  • Technological advancements in dairy processing boosting efficiency.
  • Impact of climate change on dairy farming practices and milk production.

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