The processed milk market size in Croatia has seen fluctuations over the past decade, standing at 326.76 million Euros in 2023. The market experienced significant year-on-year growth in 2017, but faced a downturn in 2020 with a -5.88% drop. Over the last two years, the market showed minimal growth, with the trend stabilizing by 2023 with a 0.11% change. The five-year CAGR from 2018 to 2023 shows a slight decline at -0.47% annually, indicating a mostly stagnant market.
Future trends to watch for:
- Potential market recovery through increased consumer demand or new product innovations.
- Impact of sustainability and health trends on processed milk products.
- Industry adjustments to economic factors and supply chain challenges post-2023.
How does Croatia 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 |
| 11 | 11 Portugal | 429,040,000 | 2023 | -3.67% | -4.32% | View data |
| 12 | 12 Finland | 366,670,000 | 2023 | -4.73% | -4.76% | View data |
| 13 | 13 Croatia | 326,760,000 | 2023 | +0.11% | -0.47% | |
| 14 | 14 Lithuania | 298,350,000 | 2023 | +2.55% | +2.55% | View data |
| 15 | 15 Hungary | 220,380,000 | 2023 | -5.12% | -2.83% | View data |
