The Romanian fermented milk products market observed a steady growth from 2013 to 2023, reaching a market size of 334.6 million Euros in 2023. Over the past decade, notable year-on-year increases occurred, especially marked by spike periods like 2017 and 2018. The market demonstrated resilience, sustaining a healthy compound annual growth rate averaged over five years at 3.85% by 2023. Notable variations toward the end of the period show a diminishing growth rate but an overall upward trajectory.
Looking forward, future trends to watch include the impact of health and wellness trends driving consumer interest in probiotic-rich products, sustainability practices influencing production and packaging, and potential economic shifts affecting disposable income and spending behaviors in Romania. These trends could significantly shape market dynamics and consumer preferences in the sector.
How does Romania rank in Fermented Milk Products Market Size Value?
| # | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,161,100,000 | 2023 | +2.93% | +3.38% | View data |
| 2 | 2 France | 1,057,800,000 | 2023 | +2.32% | +3.02% | View data |
| 3 | 3 United Kingdom | 698,230,000 | 2023 | +2.16% | +1.87% | View data |
| 4 | 4 Poland | 455,570,000 | 2023 | +0.29% | +1.3% | View data |
| 5 | 5 Romania | 334,600,000 | 2023 | +3.84% | +3.85% | |
| 6 | 6 Italy | 303,770,000 | 2023 | -0.1% | +1% | View data |
| 7 | 7 Greece | 266,650,000 | 2023 | -1.47% | -2.05% | View data |
