From 2013 to 2023, the fermented milk products market in Croatia has shown a steady increase in value per capita, rising from 28.43 Euros to 36.8 Euros. The year-on-year growth in 2022 and 2023 were 1.6% and 1.3% respectively, indicating a stable but slower growth rate compared to previous years. Over the last five years, the compound annual growth rate (CAGR) was approximately 1.7%, highlighting a consistent upward trend over the long term.
Looking ahead, the market is likely to witness increased consumer interest in health and wellness foods, potential new product innovations, and the influence of sustainability trends, which could further impact demand for fermented milk products in Croatia.
How does Croatia rank in Fermented Milk Products Market Size Value Per Capita?
| # | 18 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 41.31 | 2023 | View data | ||
| 2 | 2 Latvia | 38.32 | 2023 | View data | ||
| 3 | 3 Estonia | 38.09 | 2023 | View data | ||
| 4 | 4 Croatia | 36.8 | 2023 | |||
| 5 | 5 Bulgaria | 33.3 | 2023 | View data | ||
| 6 | 6 Finland | 28.83 | 2023 | View data | ||
