In 2024, milk production in France is forecasted at 10.79 billion Euros, continuing to rise from 2023's actual value. By 2028, it's expected to reach 11.38 billion Euros. Year-on-year growth from 2024 to 2025 is approximately 1.5%, followed by a consistent annual increase of around 1.4%. The compound annual growth rate (CAGR) over the five-year period is about 1.4%.
Future trends to watch for:
- Technological advancements in dairy farming improving efficiency and yield.
- Potential impacts of climate change on agricultural productivity.
- Shifts in consumer preferences towards plant-based alternatives.
- Regulatory changes affecting supply chain and production processes.