The production of manufactured dairy products in France demonstrated notable fluctuations over the past decade. After peaking at 7.04 million metric tons in 2014 and 2015, production experienced a decline through 2020, reaching a low of 5.51 million metric tons. Despite this dip, recent years have seen a modest recovery, culminating in a production volume of 6.02 million metric tons in 2023, reflecting a year-on-year increase of 1.05%. Over the last five years, the compound annual growth rate (CAGR) averaged -1.34%, indicating a slight overall decline.
From 2024 onwards, projections suggest a gradual increase, with production anticipated to reach 6.31 million metric tons by 2028. This forecasted growth reflects a 5-year CAGR of 0.75% and an overall growth rate of 3.8% over the forecast period.
Future trends to watch for include potential impacts of global economic fluctuations, changes in consumer dietary preferences shifting towards plant-based alternatives, and continuous advancements in sustainable dairy production technologies. These factors could significantly influence the trajectory of dairy production in France moving forward.