The buttermilk market in Slovakia was valued at 2.7156 million Euros in 2023, reflecting a modest growth from the previous year with a year-on-year increase of 1.33%. Over the past five years, the compound annual growth rate (CAGR) was 0.49%, indicating a slow but positive trend. The market experienced fluctuations, with a notable dip in 2020, but has gradually recovered since then.
Future trends to watch for:
- Potential growth driven by increased consumer interest in natural and traditional dairy products.
- Impacts of health and wellness trends on product demand.
- Potential market disruptions from global economic factors impacting consumer spending.
# | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 281,590,000 | 2023 | +2.27% | +1.47% | View data |
2 | 2 Poland | 44,396,000 | 2023 | -2.05% | -3.07% | View data |
3 | 3 Denmark | 44,145,000 | 2023 | +1.03% | -0.88% | View data |
4 | 4 Finland | 40,557,000 | 2023 | -6.57% | -6.61% | View data |
5 | 5 Italy | 4,734,900 | 2023 | -0.72% | -0.76% | View data |
6 | 6 Slovakia | 2,715,600 | 2023 | +1.33% | +0.49% |