The Fermented Milk Products market in Ireland experienced growth fluctuations from 2013 to 2023. After a decline between 2013 and 2014, the market witnessed an upward trend reaching 40.181 Million Kilograms in 2023. There was notable growth in 2017 and 2018 followed by a stabilizing trend with minimal year-on-year increases from 2019 to 2023. The compound annual growth rate (CAGR) for the past five years stood at 1.18%.
Looking forward, potential trends include:
- Rising consumer interest in health-driven fermented products.
- New product innovations and flavor diversifications driving market growth.
- Potential impact from regulatory changes on production and sales.
How does Ireland 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 |
| 14 | 14 Slovakia | 47,916,000 | 2023 | +1.2% | +1.31% | 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% | |
| 17 | 17 Slovenia | 33,822,000 | 2023 | +2.84% | +2.02% | View data |
| 18 | 18 Estonia | 32,455,000 | 2023 | -0.45% | +0.67% | View data |
