Forecast: Employment in Dairy Products Sector in France

Employment in the Dairy Products Sector in France has exhibited notable growth from 2013 to 2023, reaching 91.07 thousand Full-Time Equivalents (FTE) in 2023. Critical observations include a substantial jump between 2016 and 2017, which marks the sector's most significant year-on-year increase at 39.34%. Subsequent years showed more stable but steady growth, particularly from 2020 onwards, with a consistent annual increase between 1.56% and 2.62% each year. Moving forward to 2028, the sector is anticipated to grow at a Compound Annual Growth Rate (CAGR) of 1.79%, indicating sustained, moderate growth.

Looking forward, future trends to monitor include technological advancements in dairy processing, regulatory changes impacting farm labor, and shifts in consumer preferences towards alternative dairy products such as plant-based alternatives. These factors could influence employment patterns and the sector's overall growth trajectory.

• 2013: Employment was 53.01 thousand FTE, a 3.3% increase from the previous year.
• 2014: Employment grew to 55.91 thousand FTE, marking a 5.48% increase.
• 2015: Employment reached 56.64 thousand FTE, a 1.3% increase year-on-year.
• 2016: Employment slightly decreased to 55.98 thousand FTE, dropping by 1.16%.
• 2017: Employment surged to 78.0 thousand FTE, a remarkable 39.34% increase.
• 2018: Employment increased to 80.04 thousand FTE, up by 2.62%.
• 2019: Employment slightly decreased to 79.84 thousand FTE, a 0.26% reduction.
• 2020: Employment rose to 85.23 thousand FTE, a 6.76% increase.
• 2021: Employment hit 86.56 thousand FTE, a 1.56% increase.
• 2022: Employment reached 88.83 thousand FTE, a 2.62% increase.
• 2023: Employment was 91.07 thousand FTE, up by 2.53% compared to 2022.
• 2028: Projected employment will be 101.98 thousand FTE, growing at a forecast 5-year CAGR of 1.79%, equivalent to a 9.3% total growth rate over the period.