In 2023, Ireland led the European market in sold production of buttermilk powder at 97.089 million euros, outperforming France and Germany. Estonia saw the most significant year-on-year increase at 91.36%, driven by its smaller base effect. Ireland's growth stood at 18.23%, while France and Germany experienced moderate growth rates. Sweden was the only country to see a decrease, at -13.15%, indicating a declining trend in production.
Future trends to watch include potential market shifts favoring rising producers such as Poland and Estonia, given their significant year-over-year growth. Monitoring technological advancements and policy changes could also affect production outputs. Competition and sustainability efforts remain critical in shaping the market landscape.
Top countries in Sold Production of Buttermilk Powder by Country
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 97,089,000 | 2023 | +1.03% | +18.23% | View data |
| 2 | 2 France | 46,504,000 | 2023 | -2.51% | +13.56% | View data |
| 3 | 3 Germany | 35,142,000 | 2023 | +3.95% | +5.53% | View data |
| 4 | 4 Sweden | 9,366,000 | 2023 | -3.24% | -13.15% | View data |
| 5 | 5 Poland | 7,275,400 | 2023 | +2.95% | +5.28% | View data |
| 6 | 6 Estonia | 441,210 | 2023 | +12.11% | +91.36% | View data |
| 7 | 7 Lithuania | 207,380 | 2023 | +3.5% | +6.62% | View data |
