The nominal expenditure share for milk, cheese, and eggs in Europe showed significant variations among countries. In 2023, Germany led with the highest expenditure share, followed by France and Italy. Eastern European countries like Romania, Poland, and Slovakia experienced robust growth rates, exceeding 8%, while Slovakia and Bulgaria saw the highest year-on-year increases. Western European countries showcased moderate increases, with Germany at 6.12%, Italy at 3.98%, and Spain at 5.39%. The dominating upward trend indicates a steady demand for these products across the continent.
Future trends to watch include:
- Potential increased expenditure in Eastern Europe, driven by rising incomes and changing consumer preferences.
- Western Europe's growth might stabilize as markets mature, but innovation in product offerings could spur demand.
- Impacts of sustainability trends may influence purchasing behaviors, especially in environmentally conscious markets.
- Monitoring economic fluctuations and their effect on consumer spending within the dairy and egg sectors.
Top countries in Milk, Cheese and Eggs Nominal Expenditure Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 19.82 | 2023 | +5.45% | +6.12% | View data |
| 2 | 2 France | 12.75 | 2023 | +0.0082% | +2.99% | View data |
| 3 | 3 Italy | 12.68 | 2023 | +1.69% | +3.98% | View data |
| 4 | 4 United Kingdom | 7.85 | 2023 | +2.08% | +3.43% | View data |
| 5 | 5 Spain | 6.34 | 2023 | +1.47% | +5.39% | View data |
| 6 | 6 Poland | 4.73 | 2023 | +2.22% | +8.53% | View data |
| 7 | 7 Romania | 3.59 | 2023 | -0.76% | +8.76% | View data |
| 8 | 8 Netherlands | 3.37 | 2023 | +5.3% | +7.38% | View data |
| 9 | 9 Switzerland | 3.21 | 2023 | +4.47% | +8.68% | View data |
| 10 | 10 Belgium | 2.33 | 2023 | +3.08% | +5% | View data |
