The Dextrins and Other Modified Starches market in Finland has declined from a market size of €229.97 million in 2013 to €186.53 million in 2023. This represents a substantial decrease over the decade, with a consistent downward trend highlighted by a year-on-year reduction of approximately 1.26% from 2022 to 2023. The compound annual growth rate (CAGR) over the last 5 years stands at -1.34%, indicating a persistent contraction in market value.
Future trends to watch for include:
- Innovation in product applications, particularly in health-conscious food products, could revitalize demand.
- Global economic recovery post-pandemic might influence market dynamics positively.
- Environmental sustainability trends could drive modifications and improvements in production methods.
- Expanding consumer awareness about product benefits could aid market stabilization and potential growth.
How does Finland rank in Dextrins and Other Modified Starches Market Size Value?
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 584,140,000 | 2023 | +4.83% | +6.57% | View data |
| 2 | 2 Finland | 186,530,000 | 2023 | -1.26% | -1.34% | |
| 3 | 3 Denmark | 170,170,000 | 2023 | +1.9% | +1.15% | View data |
| 4 | 4 United Kingdom | 78,858,000 | 2023 | -1.18% | -1.98% | View data |
| 5 | 5 Austria | 49,764,000 | 2023 | +1.12% | +1.36% | View data |