Between 2013 and 2023, Slovenia's fermented milk products market volume experienced a significant upward trend, reaching 33.822 million kilograms in 2023. A notable year-on-year growth occurred in 2016, with an increase of 14.58%, while the overall compound annual growth rate (CAGR) for the last five years stood at 2.02%. This indicates a steady, albeit fluctuating, growth pattern, with a notable decline in 2021 followed by a recovery.
Future trends to watch for include:
- A potential shift towards health-conscious consumption patterns, influencing product preferences and innovations.
- The impact of sustainability initiatives on production and packaging.
- Rising competition from plant-based alternatives could reshape market dynamics.
How does Slovenia rank in Fermented Milk Products Market Size Volume?
# | 18 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 France | 453,280,000 | 2023 | -0.34% | -0.65% | View data |
2 | 2 Poland | 353,950,000 | 2023 | +1.19% | +1.55% | View data |
3 | 3 United Kingdom | 290,860,000 | 2023 | +1.79% | +0.95% | View data |
4 | 4 Romania | 189,440,000 | 2023 | +3.37% | +2.75% | View data |
5 | 5 Bulgaria | 171,550,000 | 2023 | +4.15% | +5.7% | View data |
15 | 15 Latvia | 42,966,000 | 2023 | -0.67% | -1.1% | View data |
16 | 16 Ireland | 40,181,000 | 2023 | +0.34% | +1.18% | View data |
17 | 17 Slovenia | 33,822,000 | 2023 | +2.84% | +2.02% | |
18 | 18 Estonia | 32,455,000 | 2023 | -0.45% | +0.67% | View data |