From 2013 to 2023, Spain's skimmed milk and cream powder market experienced robust growth, closing at 99.289 Million Kilograms in 2023. The market exhibited strong year-on-year growth, especially between 2015 and 2022, with the highest annual increase of 28.85% in 2015. The CAGR over the last five years stands at 8.48%, reflecting consistent market expansion. Recent years show more moderate growth, with 5.85% in 2023.
Future trends to watch include increasing demand for health-conscious and sustainable products, potential impacts of trade policies, and technological advancements in production processes that may influence both supply and demand dynamics in the market.
| # | 5 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 117,740,000 | 2023 | +4.52% | +4.8% | View data |
| 2 | 2 Spain | 99,289,000 | 2023 | +5.85% | +8.48% | |
| 3 | 3 Italy | 96,629,000 | 2023 | +2.94% | -0.39% | View data |
| 4 | 4 Denmark | 4,864,900 | 2023 | -2.72% | -2.67% | View data |
| 5 | 5 Croatia | 4,562,800 | 2023 | +2.74% | +3.8% | View data |
