France's cow milk cheese production has shown a slightly declining trend over the past decade. From 2013 to 2023, the production volume decreased from 1.79 million metric tons to 1.72 million metric tons. Year-on-year variations indicate fluctuations, with notable decreases in 2020 (-2.68%) and increases in 2022 (1.8%). The last five years' CAGR is relatively stable at -0.037%, indicating marginal annual decreases. Looking ahead, the production volume is expected to remain stable, with a forecasted growth rate of 0.22% over the next five years and a 5-year CAGR of 0.04%.
Future trends to watch for:
- Sustainability efforts in the dairy industry
- Changes in consumer preferences towards plant-based alternatives
- Impact of regulatory changes on dairy production
- Technological advancements in dairy farming and cheese production
- Economic factors influencing production costs and market demand
