Between 2013 and 2023, the butter and dairy spreads market in Latvia experienced a per capita consumption increase from 2.73 to 4.05 kilograms. From 2021 to 2022, the year-on-year growth was approximately 2.33%, followed by 2.53% between 2022 and 2023. The Compounded Annual Growth Rate (CAGR) over the last five years was 6.50%, reflecting a significant upward trend.
Looking ahead, key trends include:
- Potential growth in healthier and specialty spreads as consumers prioritize health and wellness.
- Technology advancements in production to enhance quality and sustainability.
- Potential impact of global dairy supply chain dynamics on local consumption patterns.
How does Latvia rank in Butter and Dairy Spreads Market Size Volume Per Capita?
| # | 19 Countries | Kilograms Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 France | 8.63 | 2023 | View data | ||
| 2 | 2 Germany | 6.4 | 2023 | View data | ||
| 3 | 3 Czech Republic | 5.86 | 2023 | View data | ||
| 4 | 4 Austria | 5.71 | 2023 | View data | ||
| 5 | 5 Denmark | 5.65 | 2023 | View data | ||
| 7 | 7 Slovakia | 5.16 | 2023 | View data | ||
| 8 | 8 Estonia | 4.46 | 2023 | View data | ||
| 9 | 9 Latvia | 4.05 | 2023 | |||
| 10 | 10 Poland | 3.89 | 2023 | View data | ||
| 11 | 11 Croatia | 3.19 | 2023 | View data | ||