Between 2012 and 2022, the buttermilk market volume in Finland declined from 65.283 million kilograms to 37.152 million kilograms. The market saw significant year-on-year fluctuations, with the largest drop of 11.34% occurring in 2019. Notably, the most recent data from 2022 shows a decline of 4.53% compared to the previous year. Over the last two years (2021-2022), the compounded annual growth rate of the market is -6.4%, reflecting a consistent downward trend in buttermilk consumption.
Future trends to watch for:
- Rising demand for dairy alternatives and plant-based milk due to growing health consciousness and dietary preferences.
- Potential impacts of economic factors such as inflation and changes in consumer purchasing power on market dynamics.
- Technological advancements in dairy production that could influence market supply and pricing.
How does Finland rank in Buttermilk Market Size Volume?
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 244,730,000 | 2023 | -3.84% | -1.59% | View data |
| 2 | 2 Ireland | 100,050,000 | 2023 | +6.53% | +1.82% | View data |
| 3 | 3 Poland | 79,658,000 | 2023 | -2.84% | +0.16% | View data |
| 4 | 4 France | 47,043,000 | 2023 | +6.14% | +6.41% | View data |
| 5 | 5 Finland | 34,129,000 | 2023 | -6.79% | -6.52% | |
| 6 | 6 Denmark | 26,356,000 | 2023 | -1.65% | -1.85% | View data |
| 7 | 7 Czech Republic | 4,913,800 | 2023 | -5.25% | -0.75% | View data |