In 2023, the European dairy processing and cheese processing industry exhibited notable disparities in turnover among countries. France led the market with a turnover of 44.49 billion Euros, followed by Germany at 33.7 billion Euros and Italy at 20.08 billion Euros. The United Kingdom and Spain posted turnovers of 10.8 billion Euros and 8.78 billion Euros, respectively. Other significant contributors included Poland (8.75 billion Euros) and Belgium (4.32 billion Euros). Smaller markets such as Bosnia and Herzegovina (0.2043 billion Euros) showcased a modest footprint in the industry.
Year-on-year analysis indicates that France experienced a 2.69% increase in turnover in 2023, with Germany and Italy recording growth rates of 2.21% and 1.25%, respectively. Conversely, some markets like Spain and Norway saw declines of -0.36% and -1.57%. Noteworthy annual growth was observed in Romania (2.81%) and Cyprus (4.73%). Trend analysis over the last five years reveals an array of growth trajectories, highlighting the dynamic nature of the industry.
Future trends to watch in the European dairy processing and cheese processing industry include technological advancements, evolving consumer preferences for organic and plant-based alternatives, and the impact of climate change on dairy production. Additionally, regulatory changes and trade policies will likely shape market dynamics, influencing turnover across different countries.
Top countries in Dairy Processing and Cheese Processing Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 44,490 | 2023 | +2.22% | +2.69% | View data |
| 2 | 2 Germany | 33,700 | 2023 | +1.95% | +2.21% | View data |
| 3 | 3 Italy | 20,080 | 2023 | +1.45% | +1.25% | View data |
| 4 | 4 United Kingdom | 10,800 | 2023 | +0.26% | +1.22% | View data |
| 5 | 5 Spain | 8,780 | 2023 | -0.0091% | -0.36% | View data |
| 6 | 6 Poland | 8,750 | 2023 | +2.28% | +1.18% | View data |
| 7 | 7 Belgium | 4,320 | 2023 | +0.54% | +1.16% | View data |
| 8 | 8 Austria | 3,070 | 2023 | +1.62% | +1.39% | View data |
| 9 | 9 Sweden | 2,520 | 2023 | -0.095% | +0.024% | View data |
| 10 | 10 Greece | 2,260 | 2023 | -0.2% | +1.02% | View data |
