The Butter and Dairy Spreads market in Latvia showed significant growth between 2018 to 2023 with a 38.8% increase in volume from 5.6652 million kilograms to 7.6097 million kilograms by 2023. In recent years, from 2022 to 2023, the market experienced a 2.34% growth. Over the five-year period leading up to 2023, the compound annual growth rate (CAGR) was a sturdy 6.08%, reflecting a robust upward trend.
Future trends to watch for:
- Sustainability and eco-friendly packaging could influence purchasing decisions.
- A shift towards healthier alternatives might impact the market.
- Technological advancements in production could affect supply and pricing.
- Consumer preference for locally sourced products might boost market growth.
| # | 19 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 600,430,000 | 2023 | +1.56% | +1.32% | View data |
| 2 | 2 Germany | 528,520,000 | 2023 | +0.76% | +0.82% | View data |
| 3 | 3 Italy | 188,030,000 | 2023 | +0.069% | -0.72% | View data |
| 4 | 4 Poland | 147,660,000 | 2023 | -0.36% | -0.024% | View data |
| 5 | 5 Czech Republic | 70,089,000 | 2023 | +2.13% | +4.09% | View data |
| 15 | 15 Croatia | 12,105,000 | 2023 | +2.06% | +2.52% | View data |
| 16 | 16 Greece | 11,524,000 | 2023 | +0.072% | +1.38% | View data |
| 17 | 17 Latvia | 7,609,700 | 2023 | +2.34% | +6.08% | |
| 18 | 18 Estonia | 6,309,600 | 2023 | +4.57% | +3.86% | View data |
| 19 | 19 Slovenia | 5,000,200 | 2023 | +3.73% | +1.42% | View data |
