Forecast: Whole Milk Powder Production in France

The production of whole milk powder in France has shown significant fluctuations over the years, peaking in 2014 at 101.58 thousand metric tons and demonstrating a major drop thereafter. By 2023, the production settled at 77.95 thousand metric tons. The year-on-year variation from 2022 to 2023 declined by 4.59%, indicating a continued downward trend. Over the last two years, the production has decreased by approximately 6.71% and 4.59%, respectively. The last five-year period saw an average annual decrease (CAGR) of around -4.3%. Forecasts suggest a continuation of this decline, projecting a 19.71% reduction by 2028, marking an average annual drop of -4.3% over the next five years.

Future trends to watch for include changes in consumer demand for dairy products, the impact of global market conditions, and potential shifts in agricultural policy within the EU. Emerging trends in plant-based alternatives may further influence the trajectory of whole milk powder production. Additionally, advancements in production technology and shifts towards more sustainable practices could impact overall output.

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