Milk - France

  • France
  • Revenue in the Milk market amounts to US$4.11bn in 2024. The market is expected to grow annually by 3.96% (CAGR 2024-2029).
  • In global comparison, most revenue is generated in India (US$71bn in 2024).
  • In relation to total population figures, per person revenues of US$63.37 are generated in 2024.
  • In the Milk market, volume is expected to amount to 2.27bn kg by 2029. The Milk market is expected to show a volume growth of 0.3% in 2025.
  • The average volume per person in the Milk market is expected to amount to 34.4kg in 2024.

Key regions: Russia, India, Canada, Japan, South Korea

 
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Analyst Opinion

The Milk Market in France within The Food market is facing negligible growth due to factors such as changing consumer preferences, fluctuating milk prices, and competition from alternative dairy products. Despite this, the market is expected to see some growth in the coming years due to increasing health consciousness and the convenience offered by online milk delivery services.

Customer preferences:
The Milk Market of the Dairy Products & Eggs Market within The Food market in France is seeing a rise in demand for organic and plant-based milk alternatives, driven by the growing health and environmental consciousness among consumers. This trend is also influenced by the increasing number of individuals following vegetarian and vegan diets. Additionally, there is a growing interest in locally sourced and sustainable dairy products, reflecting a shift towards more mindful and ethical consumption habits.

Trends in the market:
In France, the Milk Market of the Dairy Products & Eggs Market within The Food market is seeing a trend towards plant-based alternatives, as consumer demand for healthier and more sustainable options continues to rise. This trend is expected to have a significant impact on traditional dairy producers, who may need to adapt and diversify their product offerings. Additionally, there is a growing interest in locally sourced and organic dairy products, putting pressure on companies to improve their supply chain and sustainability practices. This shift towards more ethical and environmentally friendly choices may also present opportunities for new entrants into the market.

Local special circumstances:
In France, the demand for organic milk and dairy products has been increasing due to the country's strict regulations on food safety and sustainability. This trend is further fueled by the cultural preference for high-quality, locally sourced products. Additionally, the French government's support for small-scale dairy farms has led to a strong focus on artisanal and traditional production methods. These unique factors have contributed to the growth of the milk market in France and set it apart from other markets in the Dairy Products & Eggs Market within The Food market.

Underlying macroeconomic factors:
The Milk Market of the Dairy Products & Eggs Market within The Food market in France is significantly impacted by macroeconomic factors such as consumer spending, disposable income, and government policies. The demand for dairy products and eggs is directly influenced by consumer purchasing power, which is largely affected by the overall economic health of the country. Additionally, government policies and regulations, such as subsidies and trade agreements, can greatly impact market performance. For example, changes in trade agreements can affect the availability and pricing of milk and eggs in the market, while subsidies can influence production and sales. Furthermore, the current trend of healthy and sustainable food choices is also driving the growth of the Milk Market in France, as consumers are increasingly opting for organic and locally sourced dairy products and eggs.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

Overview

  • Revenue
  • Volume
  • Price
  • Sales Channels
  • Global Comparison
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
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