From 2013 to 2023, the volume of the butter and dairy spreads market in France increased from 514.02 million kilograms to 600.43 million kilograms. The year-on-year variations reveal fluctuating dynamics with peaks in 2014 and 2021. Over the last two years, the market grew by 1.60% in 2022 and 1.56% in 2023, indicating a consistent upward trend. The compound annual growth rate (CAGR) for the last five years up to 2023 was approximately 1.32%, signifying steady long-term growth.
The forecast from 2024 to 2028 anticipates continued expansion with the market size reaching 645.04 million kilograms by 2028. The projected five-year CAGR is 1.14%, reflecting a moderate but steady increase.
Future trends to watch for include potential shifts in consumer preferences towards healthier and organic dairy products, innovations in dairy-alternative spreads, and the impact of economic factors on production and consumption patterns.