The processed milk market in Lithuania has shown steady growth from 2013 to 2023, reaching 298.35 million euros in 2023. Year-on-year growth has fluctuated, with the largest increase in 2014 at 5.01% and a moderate rise of 2.55% in 2023. Over the past five years, the compound annual growth rate (CAGR) averaged 2.55%, indicating a consistent upward trend despite economic uncertainties. The market’s resilience is evident through these positive growth figures.
Future trends to watch for include potential impacts of sustainability practices on production, shifts in consumer preferences toward healthier options, and price volatility due to changes in raw milk supply globally.
| # | 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 |
| 12 | 12 Finland | 366,670,000 | 2023 | -4.73% | -4.76% | View data |
| 13 | 13 Croatia | 326,760,000 | 2023 | +0.11% | -0.47% | View data |
| 14 | 14 Lithuania | 298,350,000 | 2023 | +2.55% | +2.55% | |
| 15 | 15 Hungary | 220,380,000 | 2023 | -5.12% | -2.83% | View data |
| 16 | 16 Bulgaria | 125,160,000 | 2023 | +2.76% | +5.43% | View data |
