From 2013 to 2023, the whey market in Finland per capita grew from €1.22 to €1.4. There was a general upward trend from 2013 to 2017, peaking at €1.61 in 2017, followed by a decline in 2018 and 2019. Stability resumed afterwards with slight fluctuations, stabilizing at €1.4 from 2022 through 2023. Over the last two years, the market value per capita experienced a negligible decline of 0.7% year-on-year from 2022 to 2023. The five-year period from 2018 to 2023 saw a compound annual growth rate (CAGR) of approximately 1.2%.
Future trends to watch for include:
- Consumer-driven demand for health products, potentially boosting market value.
- Innovations in whey products and use in various diets.
- Impact of global dairy market trends on import/export dynamics in Finland.
