In 2023, the sold production of milk and cream in France, with a fat content exceeding 1% but not exceeding 6%, resulted in actual data that will serve as a benchmark for future forecasts. The forecast from 2024 through 2028 shows a consistent upward trend, with the value reaching 1.9556 billion Euros by 2028. This represents steady growth each year, with year-on-year variations indicating a stable market environment. Over a five-year period, the compound annual growth rate (CAGR) illustrates a healthy increase, reflecting positive market conditions and consumer demand.
Future trends to watch for include:
- Potential changes in consumer preferences towards lower-fat dairy products.
- Economic factors that could impact consumer purchasing power and production costs.
- Regulatory changes within the dairy industry concerning fat content and packaging standards.
- Technological advancements in dairy processing and packaging efficiency.