The forecast for skimmed cow milk production in France indicates a gradual decline from 2024 to 2028, starting at 9.3737 million metric tons and decreasing to 9.0935 million metric tons. By assuming production in 2023 was marginally higher, this suggests a consistent downward trend.
- From 2024 to 2025, production is expected to decrease by approximately 0.77%.
- From 2025 to 2026, the decline is about 0.76%.
- The year-on-year decrease from 2026 to 2027 is around 0.75%.
- A further reduction of nearly 0.74% is expected from 2027 to 2028.
- The compound annual growth rate (CAGR) over this five-year forecast is approximately -0.75% per year.
Future trends to watch for include the impact of environmental regulations on dairy production, shifts in consumer preferences towards plant-based alternatives, and potential technological innovations in the dairy industry that might reverse or accelerate current trends.
