The processed milk market value in Finland has experienced significant fluctuations over the past decade. From a peak of €759.23 million in 2013, the market has seen a steady decline, reaching €390.5 million in 2022. Year-on-year variations highlight this trend, with notable decreases such as -18.52% in 2015 and smaller declines in recent years like -3.16% in 2022. Over the last five years, the market's Compound Annual Growth Rate (CAGR) has averaged at -3.94%, illustrating a consistent downturn in the market size.
Looking forward, several future trends may impact the processed milk market:
- Increasing consumer preference for plant-based milk alternatives
- Shifts towards organic and local dairy products
- Potential regulatory changes affecting dairy farming practices
- Technological advancements in dairy processing and packaging
How does Finland rank in Processed Milk Market Size Value?
| # | 17 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,779,400,000 | 2023 | +1.87% | +1.29% | View data |
| 2 | 2 United Kingdom | 4,850,400,000 | 2023 | -0.71% | +0.011% | View data |
| 3 | 3 Italy | 4,113,800,000 | 2023 | -0.16% | +1.56% | View data |
| 4 | 4 France | 3,149,600,000 | 2023 | +0.98% | +0.38% | View data |
| 5 | 5 Poland | 1,091,900,000 | 2023 | -0.39% | +2.75% | View data |
| 10 | 10 Denmark | 433,600,000 | 2023 | +2.11% | +1.31% | View data |
| 11 | 11 Portugal | 429,040,000 | 2023 | -3.67% | -4.32% | View data |
| 12 | 12 Finland | 366,670,000 | 2023 | -4.73% | -4.76% | |
| 13 | 13 Croatia | 326,760,000 | 2023 | +0.11% | -0.47% | View data |
| 14 | 14 Lithuania | 298,350,000 | 2023 | +2.55% | +2.55% | View data |
