The Milk Drinks Market in Croatia stood at 26.129 million Euros by 2023. Over the past decade, the market demonstrated fluctuations with significant growth phases followed by occasional declines. From a marked growth peak in 2018, the market experienced fluctuations, notably a downturn in 2020, only to recover and grow steadily through 2023. The year-on-year variation was 6.71% in 2023, while the last five-year compound annual growth rate was 3.52%.
Future trends to watch for:
- Increased demand for plant-based alternatives may impact traditional milk drinks.
- Inflationary pressures could influence consumer purchasing behaviors.
- Health and wellness trends may drive demand for fortified milk drinks.
How does Croatia rank in Milk Drinks Market Size Value?
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 519,580,000 | 2023 | +1.32% | -0.00022% | View data |
| 2 | 2 Spain | 446,210,000 | 2023 | -4.56% | -6.15% | View data |
| 3 | 3 France | 230,440,000 | 2023 | +5.2% | -0.21% | View data |
| 4 | 4 Austria | 187,660,000 | 2023 | +0.69% | +0.8% | View data |
| 5 | 5 Denmark | 185,150,000 | 2023 | +3.55% | +3.53% | View data |
| 6 | 6 Hungary | 72,941,000 | 2023 | +4.51% | +4.71% | View data |
| 7 | 7 Croatia | 26,129,000 | 2023 | +6.71% | +3.52% |
