The Fermented Milk Products market in Estonia demonstrated fluctuating growth patterns from 2013 to 2023, reaching 24.35 kilograms per capita in 2023. Year-on-year growth varied, with notable increases from 2015 to 2016 and 2019 to 2020, but a decline was observed in 2017. Over the last two years (2021 to 2023), the market showed slight volatility but remained relatively stable. The Compound Annual Growth Rate (CAGR) for the last five years (2019-2023) indicates modest growth, reflecting resilient consumer demand.
Future trends to watch include evolving consumer preferences towards health-oriented fermented products and potential market expansion driven by innovative product offerings. Monitoring international trends and economic factors will be crucial to understanding market dynamics.
How does Estonia rank in Fermented Milk Products Market Size Volume Per Capita?
| # | 18 Countries | Kilograms Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Bulgaria | 25.13 | 2023 | View data | ||
| 2 | 2 Estonia | 24.35 | 2023 | |||
| 3 | 3 Latvia | 23.02 | 2023 | View data | ||
| 4 | 4 Lithuania | 21.67 | 2023 | View data | ||
| 5 | 5 Croatia | 18.28 | 2023 | View data | ||
