The Buttermilk market size value in Italy has been experiencing a declining trend from 2013 to 2023. Starting at 5.0022 million Euros in 2013, it rose to a peak of 5.6324 million Euros in 2014 and generally reduced to 4.7349 million Euros by 2023. Over the last two years, the market contracted, with year-on-year variations of -0.73% in 2022 and -0.72% in 2023. The Compound Annual Growth Rate (CAGR) for the past five years is -0.76%, indicating a gradual decline.
Future trends to watch for:
- Consumer preference shifts towards plant-based alternatives.
- Increased demand for probiotic-rich products.
- Changing dietary habits and health considerations.
- Potential market stabilization influenced by innovative product development.
How does Italy rank in Buttermilk Market Size Value?
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 281,590,000 | 2023 | +2.27% | +1.47% | View data |
| 2 | 2 Poland | 44,396,000 | 2023 | -2.05% | -3.07% | View data |
| 3 | 3 Denmark | 44,145,000 | 2023 | +1.03% | -0.88% | View data |
| 4 | 4 Finland | 40,557,000 | 2023 | -6.57% | -6.61% | View data |
| 5 | 5 Italy | 4,734,900 | 2023 | -0.72% | -0.76% | |
| 6 | 6 Slovakia | 2,715,600 | 2023 | +1.33% | +0.49% | View data |
