In 2023, the labour cost per employee FTE in France’s dairy sector stood below the forecasted values for 2024 and beyond. The forecast indicates a steady increase in costs, with a projected rise from 66.2 thousand euros in 2024 to 71.7 thousand euros in 2028. This represents an annual average growth rate of approximately 1.97% over the five-year period. Year-on-year changes range between 2.1% and 2.2%.
Future trends to watch for include:
- Advancements in automation and technology that might offset labor costs.
- Potential regulatory changes impacting employee remuneration.
- Market conditions influencing raw milk prices
- Rising demand for alternative dairy products.
