In 2023, France led in dairy production value in Europe, followed by Germany and Italy. The forecasted values for 2024 show slight increases for most countries, with notable growth expected in Switzerland, Ireland, and Romania. From 2023 to 2024, the European dairy sector faced modest changes, generally maintaining stability in larger markets. Countries like Spain and Portugal observed slight declines. The five-year compound annual growth rate (CAGR) indicates steady growth in Eastern Europe, driven by Romania, Lithuania, and Cyprus.
Future trends to watch for include technological advancements in dairy farming, which may enhance production efficiency across Europe. Also, growing consumer preferences for lactose-free and plant-based alternatives could challenge traditional dairy market shares, prompting diversification within the industry.
Top countries in Dairy Products Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 36,600 | 2023 | +2.39% | +1.25% | View data |
| 2 | 2 Germany | 31,500 | 2023 | +1.83% | +2.48% | View data |
| 3 | 3 Italy | 21,750 | 2023 | +1.89% | +2.1% | View data |
| 4 | 4 Netherlands | 15,270 | 2023 | +3.29% | +3.26% | View data |
| 5 | 5 United Kingdom | 10,080 | 2023 | +0.63% | +1.32% | View data |
| 6 | 6 Spain | 9,410 | 2023 | -0.093% | -0.017% | View data |
| 7 | 7 Switzerland | 9,130 | 2023 | +3.23% | +5.36% | View data |
| 8 | 8 Poland | 8,650 | 2023 | +2.56% | +1.93% | View data |
| 9 | 9 Belgium | 4,690 | 2023 | +0.89% | +0.71% | View data |
| 10 | 10 Ireland | 4,260 | 2023 | +2.02% | +5.49% | View data |
