The Whole Milk and Cream Powder market in France has demonstrated a noticeable declining trend over the past decade, with volume decreasing from 79.254 million kilograms in 2013 to 45.411 million kilograms in 2023. The most significant annual decline occurred between 2016 and 2017, followed by a consistent downward trend. Between 2021 and 2023, the market saw year-on-year reductions of 5.56% and 5.82% respectively. Over the last five years, the market experienced an average yearly contraction (CAGR) of 5.34%.
Looking ahead, the forecasted data for 2024-2028 indicates a continued decline, with the annual average (CAGR) expected to be around -5.7%, resulting in an overall reduction of approximately 25.45% by 2028.
Future trends to watch for include potential shifts in consumer preferences towards alternative dairy products, regulatory changes impacting production, and the impact of international trade policies on the export and import of dairy products. Additionally, the advancement in dairy processing technologies and sustainability practices may alter market dynamics.
