The price per unit of fermented milk products in France has shown an overall upward trend from 2010 to 2020, with periodic fluctuations. Notably, between 2017 and 2018, there was a decline followed by a recovery in 2019. The value per kilogram has increased from €1.5 in 2010 to €2.09 in 2020, reflecting consumer demand shifts and potential production cost variations. Year-on-year percentage variations were significant in 2016 and 2018, with the last five-year compound annual growth rate (CAGR) demonstrating moderate increases. As of 2023, the price remained stable or showed a slight increase reflective of recent data trends.
Future trends to watch for:
- Potential impacts of supply chain issues and inflationary pressures on price adjustments.
- Shifts in consumer preferences towards health-focused and sustainable fermented products.
- The effects of regulatory changes and market innovations on production costs and pricing strategies.