Over the past decade, the dairy products market in France has exhibited fluctuations in value. From 2012 to 2022, the market illustrated periods of growth and decline. The most significant growth occurred in 2013 (7.33%) and 2017 (9.35%), while notable declines were observed in 2015 (-3.68%) and 2016 (-3.33%). In recent years, the market displayed a slight increase with a 1.56% growth in 2021 followed by a 0.79% rise in 2022, suggesting a trend towards stabilization. The compound annual growth rate (CAGR) over the past five years (2018-2022) was approximately 0.03%, indicating minimal average growth per year.
Looking forward, several key trends need to be closely monitored:
- Consumer shifts towards healthier and organic dairy options.
- Impact of sustainability practices and climate change on dairy production.
- Advances in dairy-free alternatives and their influence on market share.
- Technological innovations in the dairy industry improving efficiency and product quality.
How does France rank in Dairy Products Market Size Value?
| # | 19 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 29,301,000,000 | 2023 | +1.75% | +1.82% | |
| 2 | 2 Italy | 22,897,000,000 | 2023 | +0.22% | +0.59% | View data |
| 3 | 3 United Kingdom | 15,427,000,000 | 2023 | +0.5% | +1.71% | View data |
| 4 | 4 Poland | 8,471,800,000 | 2023 | +1.69% | +3.05% | View data |
| 5 | 5 Sweden | 2,959,000,000 | 2023 | +0.2% | -0.97% | View data |
