The evaporated milk market in Greece has shown significant variations in volume per capita from 2013 to 2023. In 2023, consumption reached 13.89 kilograms per capita, marking an increase from previous years. The most notable increases occurred between 2020 and 2023, with consecutive growth each year: approximately 4.79% from 2020 to 2021, 3.52% from 2021 to 2022, and 2.66% from 2022 to 2023. Over the last five years, the compound annual growth rate (CAGR) indicates a steady increase in evaporated milk consumption.
Future trends to watch for:
- Continued interest in dairy products influenced by consumer trends towards convenience and new culinary influences.
- The impact of economic conditions on consumer spending habits.
- Innovation in packaging and products may drive further growth in consumption.