In 2023, the Butter and Dairy Spreads market in Romania reached a value of €231.97 million. Over the past decade, the market has shown a robust growth pattern, significantly accelerating from 2013 to 2019, with slight moderation post-2020. Year-on-year, the recent growth between 2022 and 2023 was 4.62%, with a Compound Annual Growth Rate (CAGR) over the last five years standing at 5.36%.
Future trends to watch for include:
- Potential impact of increasing health consciousness on consumption patterns of dairy spreads.
- Advancements in product innovation, like plant-based alternatives, possibly gaining market share.
- Economic factors influencing disposable income and purchasing behavior in Romania.
How does Romania rank in Butter and Dairy Spreads Market Size Value?
| # | 16 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,073,200,000 | 2023 | -0.87% | -0.24% | View data |
| 2 | 2 Austria | 417,950,000 | 2023 | +2.9% | +1.3% | View data |
| 3 | 3 Czech Republic | 399,910,000 | 2023 | +2.58% | +1.38% | View data |
| 4 | 4 Ireland | 292,460,000 | 2023 | -5.05% | -4.6% | View data |
| 5 | 5 Romania | 231,970,000 | 2023 | +4.62% | +5.36% | |
| 6 | 6 Slovakia | 172,280,000 | 2023 | +4.16% | +0.85% | View data |
| 7 | 7 Portugal | 164,770,000 | 2023 | +0.094% | +2.06% | View data |
