In 2023, the dairy products market size in Lithuania stood at 994.09 million euros. Over the last two years, the market observed moderate growth, with year-on-year increases of 2.93% in 2022 and 2.82% in 2023. The compound annual growth rate (CAGR) for the past five years was 1.92%, indicating a relatively stable market with fluctuations due to economic and consumer trends.
Future trends to watch for include:
- Increasing demand for organic and plant-based dairy alternatives.
- Impact of regulatory changes and sustainability initiatives on production and pricing.
- Technological advancements in dairy processing and packaging to enhance shelf life and convenience.
- Potential influence of global trade dynamics and supply chain disruptions on market stability.
| # | 19 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 29,301,000,000 | 2023 | +1.75% | +1.82% | View data |
| 2 | 2 Italy | 22,897,000,000 | 2023 | +0.22% | +0.59% | View data |
| 3 | 3 United Kingdom | 15,427,000,000 | 2023 | +0.5% | +1.71% | View data |
| 4 | 4 Poland | 8,471,800,000 | 2023 | +1.69% | +3.05% | View data |
| 5 | 5 Sweden | 2,959,000,000 | 2023 | +0.2% | -0.97% | View data |
| 15 | 15 Slovakia | 1,098,900,000 | 2023 | +1.75% | +3% | View data |
| 16 | 16 Croatia | 1,034,200,000 | 2023 | +1.18% | +0.87% | View data |
| 17 | 17 Lithuania | 994,090,000 | 2023 | +2.82% | +1.92% | |
| 18 | 18 Latvia | 392,630,000 | 2023 | +2.74% | +3.8% | View data |
| 19 | 19 Estonia | 358,770,000 | 2023 | +1.51% | +0.96% | View data |
