The biscuit consumption volume per capita in Lithuania has shown an overall growth trend from 0.42 kg in 2013 to 0.51 kg in 2023. Notably, consumption decreased from 2013 to 2016, reaching a low in 2016, but began to rebound in 2017. The last five years (2019-2023) have exhibited steady growth, reflecting a compound annual growth rate (CAGR) that signifies increasing consumer acceptance and demand.
Year-on-year variations over the last two years indicate a positive growth with a 2.04% increase in 2023 over 2022, suggesting stable growth. This highlights a consistent upward trend conducive to market expansion.
Future trends to watch for include potential shifts in consumer preferences towards healthier and sustainable options, which may impact product offerings and innovation within the market. Additionally, economic factors and changes in disposable income may further influence consumption patterns.
How does Lithuania rank in Biscuits Market Size Volume Per Capita?
| # | 6 Countries | Kilograms Per Capita | Last Year | |
|---|---|---|---|---|
| 1 | 1 France | 1.39 | 2023 | View data |
| 2 | 2 Italy | 0.82 | 2023 | View data |
| 3 | 3 Finland | 0.65 | 2023 | View data |
| 4 | 4 Lithuania | 0.51 | 2023 | |
| 5 | 5 Germany | 0.46 | 2023 | View data |
| 6 | 6 Estonia | 0.34 | 2023 | View data |
