From 2012 to 2022, the Fermented Milk Products Market in Poland fluctuated initially but gained a steady upward trend from 2016 onwards. The market size grew from 293.55 Million Kilograms in 2012 to 348.99 Million Kilograms in 2022. Key years show significant variances, such as a decline by -14.15% in 2013, followed by a substantial recovery with an 11.79% increase in 2018. Over the last two years, the market maintained positive growth, albeit at a slower rate, with year-on-year increases of 2.46% and 0.97%, respectively. The compounded annual growth rate (CAGR) for the last five years stands at a notable 3.55%.
Future trends to watch for include:
- Increased consumer interest in health and wellness, potentially driving demand for functional and probiotic fermented milk products.
- Innovation in product offerings, including plant-based alternatives, which may disrupt traditional dairy segments.
- Sustainability concerns influencing production practices and packaging choices.
- Potential economic factors and regulatory changes that could impact market dynamics.
How does Poland rank in Fermented Milk Products Market Size Volume?
# | 18 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 France | 453,280,000 | 2023 | -0.34% | -0.65% | View data |
2 | 2 Poland | 353,950,000 | 2023 | +1.19% | +1.55% | |
3 | 3 United Kingdom | 290,860,000 | 2023 | +1.79% | +0.95% | View data |
4 | 4 Romania | 189,440,000 | 2023 | +3.37% | +2.75% | View data |
5 | 5 Bulgaria | 171,550,000 | 2023 | +4.15% | +5.7% | View data |