As of 2023, the production of milk and cream with a fat content exceeding 1% but not exceeding 6% in France, packaged in quantities over 2 liters, was at 730 million kilograms. The forecast from 2024 to 2028 indicates a steady increase in production volume, with a projected value of 736.7 million kilograms in 2024, growing to 761.07 million kilograms by 2028.
The year-on-year growth rate is modest, with a steady annual increase as follows:
- 2024-2025: 0.84%
- 2025-2026: 0.83%
- 2026-2027: 0.81%
- 2027-2028: 0.79%
The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 is approximately 0.83%, indicating a consistent, albeit slow, growth trajectory.
Future trends to watch for include changes in consumer preferences towards plant-based alternatives, potential regulation changes on dairy products, and shifts in the European dairy market dynamics, all of which could impact the production forecasts.
