As of 2023, France's production of whole milk powder or full cream powder with a fat content exceeding 1.5% in packings over 2.5 kg stood at 87.271 million kilograms. Forecasted data indicates a steady decline from 2024 to 2028, starting at 85.573 million kilograms in 2024 and dropping to 79.0 million kilograms by 2028. This reflects a gradual annual decrease, with year-on-year changes of approximately -1.95% in 2025, -1.97% in 2026, -1.99% in 2027, and -2% in 2028. Over the five-year period, the compound annual growth rate (CAGR) is approximately -1.98%.
Future trends to watch for include:
- Potential impacts of global dairy market shifts on production volumes.
- Advancements in production efficiency and technology adoption.
- Changes in consumer preferences, potentially affecting demand for fat content in milk powders.
- Trade policies and international agreements influencing export capabilities and competition.