This report proposes a prospective vision of the future of the European milk market after the removal of the quotas in 2015. The study has been conducted through consultation of a panel of independent experts. Experts have offered their opinions to describe future trends, driving factors, perspectives and challenges expected in the years to come and they have concluded by providing recommendations. The focus of the analysis has been to define likely scenarios following the end of the quota regime in the EU27. Scenarios are described as a synthesis of experts’ opinion reports. They have been introduced by a theoretical analysis surveying literature on the topic and a descriptive chapter including data on trends in the dairy sector. The analysis takes into account the role of market forces, organisational systems (in particular, producer organisations and inter-branch organisations) and policy measures in drawing perspectives of the milk sector.