The Greek fermented milk products market was valued at 266.65 million euros in 2023. Over the years, the market size has fluctuated, with a notable decline from 2013's 312.34 million euros. Between 2019 and 2023, the market experienced a decreasing trend, marked by a year-on-year decline of 1.47% in 2023. The compound annual growth rate (CAGR) over the last five years stands at -2.05%, indicating a general downward trajectory.
Future trends to watch for:
- Potential market growth driven by consumer health awareness regarding probiotics.
- Innovations in plant-based and lactose-free fermented milk products.
- Rising demand for premium and artisanal yogurt varieties.
How does Greece 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% | View data |
| 6 | 6 Italy | 303,770,000 | 2023 | -0.1% | +1% | View data |
| 7 | 7 Greece | 266,650,000 | 2023 | -1.47% | -2.05% | |
| 8 | 8 Bulgaria | 227,670,000 | 2023 | +6.76% | +7.77% | View data |
| 9 | 9 Hungary | 218,050,000 | 2023 | +1.1% | +0.42% | View data |
