The biscuit market size in Lithuania experienced fluctuations from 2013 to 2023. As of 2023, the market value stood at 2.634 million euros. In recent years, a declining trend was observed, with a 1.3% decrease from 2022 to 2023. The five-year compound annual growth rate (CAGR) was 0.9%, indicating modest growth from prior years but highlighting weak market expansion.
Looking forward, the market may stabilize or grow due to:
- Increasing consumer interest in healthier and gourmet biscuit options.
- Potential new product launches and marketing strategies.
- Influence of economic factors on consumer spending.
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 443,690,000 | 2023 | +3.09% | +2.95% | View data |
| 2 | 2 Germany | 185,330,000 | 2023 | +0.54% | +3.19% | View data |
| 3 | 3 Finland | 20,452,000 | 2023 | +3.66% | +2.51% | View data |
| 4 | 4 Slovakia | 6,930,300 | 2023 | +5.1% | +4.32% | View data |
| 5 | 5 Sweden | 5,489,200 | 2023 | +1.51% | +0.39% | View data |
| 6 | 6 Slovenia | 3,993,700 | 2023 | -0.36% | +5.03% | View data |
| 7 | 7 Lithuania | 2,634,000 | 2023 | -1.3% | +0.9% | |
| 8 | 8 Estonia | 2,541,200 | 2023 | +2.1% | -0.092% | View data |
