The condensed milk market in Germany has shown fluctuations over the past decade, with volume peaking in 2022 at 212.86 million kilograms. After a slight decrease in 2013 and 2014, the market experienced growth and exceeded its earlier volume in subsequent years, culminating in steady growth from 2019 to 2022. The year-on-year increase from 2020 to 2022 indicates a robust market, albeit at a slower rate, with a cumulative annual growth rate (CAGR) of 4.71% in 2022.
Future trends to watch include:
- An increased focus on sustainability and healthier product offerings.
- Potential impacts of economic factors and supply chain dynamics on production.
- Changing consumer preferences towards alternative dairy products.
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 205,740,000 | 2023 | +1.98% | +2.04% | |
| 2 | 2 United Kingdom | 32,378,000 | 2023 | +1.74% | +2.11% | View data |
| 3 | 3 France | 15,496,000 | 2023 | -0.11% | -2.62% | View data |
| 4 | 4 Lithuania | 6,070,200 | 2023 | -1.47% | +0.37% | View data |
| 5 | 5 Portugal | 5,381,900 | 2023 | -1.3% | -0.52% | View data |
