In 2023, the Gelatin and Its Derivatives market in Croatia reached a value of 49.789 million Euros. Over the past decade, the market experienced consistent growth, with the most significant increase seen between 2013 and 2016. The last two years showed year-on-year increases of 7.2% in 2022 and 6.65% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years from 2018 to 2023 stands at 9.18%, indicating robust expansion.
Future trends to watch for include:
- Advancements in gelatin production technology that may reduce costs and improve quality.
- Increased demand driven by the food and pharmaceutical industries.
- Sustainability initiatives impacting raw material sourcing and production methods.
- Potential economic fluctuations impacting consumer purchasing power and market dynamics.
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 210,690,000 | 2023 | +2.97% | +8.41% | View data |
| 2 | 2 Spain | 130,040,000 | 2023 | +3.19% | +3.5% | View data |
| 3 | 3 United Kingdom | 90,376,000 | 2023 | -0.071% | +0.031% | View data |
| 4 | 4 Netherlands | 85,727,000 | 2023 | -1.02% | -1.16% | View data |
| 5 | 5 Poland | 68,610,000 | 2023 | +1.2% | +2.52% | View data |
| 6 | 6 Denmark | 55,653,000 | 2023 | +0.71% | +0.22% | View data |
| 7 | 7 Croatia | 49,789,000 | 2023 | +6.65% | +9.18% | |
| 8 | 8 Romania | 28,160,000 | 2023 | +5.29% | -0.16% | View data |
| 9 | 9 Sweden | 7,502,900 | 2023 | +0.58% | +2.49% | View data |
