The Fermented Milk Products market size value per capita in Slovakia experienced minor fluctuations from 2013 to 2023, showing a steady but nominal decrease. From 2013 to 2023, the value started at €11.97, peaked slightly at €12.43 in 2014, and gently declined to €11.96 by 2023. For the last two years (2022 to 2023), the year-on-year change was minimal with a slight reduction. The compound annual growth rate (CAGR) over the last five years was nearly stagnant, indicating stability in market size value per capita.
In forecasting future trends, watch for:
- Potential shifts in consumer preferences towards plant-based alternatives, impacting fermented milk product consumption.
- Innovation in product formulation and packaging that could reinvigorate market interest.
- Economic factors or dietary trends influencing purchasing power and consumption patterns in Slovakia.
How does Slovakia 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 | View data | ||
5 | 5 Bulgaria | 33.3 | 2023 | View data | ||
14 | 14 Germany | 14.27 | 2023 | View data | ||
15 | 15 Poland | 12.25 | 2023 | View data | ||
16 | 16 Slovakia | 11.96 | 2023 | |||
17 | 17 United Kingdom | 10.36 | 2023 | View data | ||
18 | 18 Italy | 5.13 | 2023 | View data |