In 2023, France led with the highest turnover in the European dairy market, followed by Germany and Italy. Notable year-on-year growths occurred in Switzerland (+5.35%) and Romania (+7.43%), while noticeable declines were observed in Norway (-3.55%) and Iceland (-5.14%). Over the past five years, significant Compound Annual Growth Rates (CAGR) would likely show strong growth in countries like Romania and stable growth in major markets like France and Germany.
Future trends to watch include:
- Continued strong expansion in emerging markets like Romania.
- Potential stability or minor increases in established markets like France and Germany due to market saturation.
- Impacts of economic changes on the dairy industry in smaller markets such as Estonia and Latvia.
- Shifts in consumer preferences towards organic and health-focused dairy products.
Top countries in Dairy Products Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 23.73 | 2023 | +2.14% | +2.59% | View data |
| 2 | 2 Germany | 17.97 | 2023 | +1.78% | +2.02% | View data |
| 3 | 3 Italy | 11.08 | 2023 | +1.47% | +1.15% | View data |
| 4 | 4 Netherlands | 8.39 | 2023 | +3.09% | +3.47% | View data |
| 5 | 5 United Kingdom | 6.1 | 2023 | +0.46% | +1.31% | View data |
| 6 | 6 Spain | 5.05 | 2023 | -0.33% | -0.34% | View data |
| 7 | 7 Poland | 4.91 | 2023 | +2.53% | +1.95% | View data |
| 8 | 8 Switzerland | 4.7 | 2023 | +3.1% | +5.35% | View data |
| 9 | 9 Belgium | 2.55 | 2023 | +0.72% | +1.12% | View data |
| 10 | 10 Ireland | 2.28 | 2023 | +1.04% | +3.96% | View data |
