The Fermented Milk Products Market in Lithuania showed a positive growth trajectory from 2013 to 2023, with a 2023 value per capita standing at 41.31 Euros. Over the last two years, 2022 to 2023, the market saw an increase of 3.61%, marking consistent upward momentum. The Compound Annual Growth Rate (CAGR) over the last five years has been encouraging, hitting around 2.67%, indicating a stable and growing market.
Looking forward, trends to watch for include:
- Increased consumer demand for health-oriented fermented milk products as health awareness rises.
- Potential market expansion through innovative product offerings and flavor varieties.
- Impact of economic conditions and purchasing power on consumer spending patterns in dairy.
How does Lithuania rank in Fermented Milk Products Market Size Value Per Capita?
| # | 18 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 41.31 | 2023 | |||
| 2 | 2 Latvia | 38.32 | 2023 | View data | ||
| 3 | 3 Estonia | 38.09 | 2023 | View data | ||
| 4 | 4 Croatia | 36.8 | 2023 | View data | ||
| 5 | 5 Bulgaria | 33.3 | 2023 | View data | ||
