The Whole Milk and Cream Powder market in France has experienced a general decline from 2012 to 2022, dropping from 84.355 million kilograms to 54.339 million kilograms. The market peaked in 2012 and has shown a largely downward trajectory, with significant year-on-year declines, particularly noticeable in 2016 with an 18.78% drop. Despite a brief rebound in 2017 with an 8.9% increase, the overall trend has been negative.
Notably, the market recorded negative CAGR figures, reflecting the medium-term average annual declines. The last five years saw a CAGR of -3.49%, with the last two years having variations of -2.55% in 2021 and -2.39% in 2022. As of 2023, the market continues to experience declines.
Future trends to watch for include the potential impact of changing consumer preferences towards plant-based alternatives, innovations in dairy production, and potential regulatory changes affecting the dairy industry. These factors could either exacerbate the decline or provide opportunities for market recovery.
How does France rank in Whole Milk and Cream Powder Market Size Volume?
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 94,288,000 | 2023 | +0.16% | +5.82% | View data |
| 2 | 2 France | 45,411,000 | 2023 | -5.82% | -5.34% | |
| 3 | 3 Portugal | 12,553,000 | 2023 | +0.55% | +3.29% | View data |
| 4 | 4 Finland | 4,261,500 | 2023 | +0.69% | +1.64% | View data |
| 5 | 5 Slovakia | 2,134,000 | 2023 | -4.92% | -3.67% | View data |
