In 2023, Germany led European production of milk-based drinks from skimmed milk and buttermilk, producing 38.57 thousand metric tons, with a year-on-year increase of 4.4%. Spain saw the largest decline at -10.94%, while Austria achieved a significant growth of 17.61%. Belgium, Norway, and France also experienced a positive trend. Conversely, Poland, Denmark, and Sweden witnessed declines in production volume. Small fluctuations were observed in other countries, maintaining stability in Portugal, Hungary, Croatia, and Cyprus. The five-year average annual compound growth rate (CAGR) shows varied performances across countries, with notable growth in Austria and consistent output in others.
Future trends to watch include the potential shift in production dynamics due to ongoing economic challenges, consumer preferences for healthier beverages, and innovations in dairy alternatives. Countries like Austria and Norway, demonstrating positive growth trends, could continue to expand their market share amidst growing preferences for innovative milk-based drinks.
Top countries in Milk Based Drinks Production from Skimmed Milk and Buttermilk Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 38.57 | 2023 | +1.87% | +4.4% | View data |
| 2 | 2 Spain | 19.45 | 2023 | -8.63% | -10.94% | View data |
| 3 | 3 Belgium | 10.75 | 2023 | +0.084% | +4.26% | View data |
| 4 | 4 Greece | 6.46 | 2023 | -0.07% | +1.21% | View data |
| 5 | 5 France | 6.2 | 2023 | -0.92% | +2.76% | View data |
| 6 | 6 Poland | 5.61 | 2023 | +7.76% | -1.72% | View data |
| 7 | 7 Denmark | 5.34 | 2023 | +2.84% | -5.65% | View data |
| 8 | 8 Austria | 5.28 | 2023 | +9.29% | +17.61% | View data |
| 9 | 9 Norway | 3.73 | 2023 | +6.82% | +7.14% | View data |
| 10 | 10 Portugal | 3.39 | 2023 | +4.59% | View data |
