The Croatian market for fermented milk products has shown a consistent growth trajectory from 2013, with per capita consumption increasing from 13.96 kg to 18.28 kg in 2023. This marks a noticeable upward trend over the years, with a notable year-on-year increase visible particularly from 2020 to 2023. The compound annual growth rate (CAGR) over the last five years has been positive, reflecting a steady average annual growth. In 2023, the market stood at 18.28 kg per capita, evidencing robust consumer demand and preferences for fermented milk products.
Future trends to watch for:
- The rise in health-conscious consumer behavior potentially spurring greater demand for probiotic-rich products.
- Innovation in product offerings, such as plant-based and lactose-free options, catering to evolving dietary preferences.
- Potential impacts of economic factors on consumer buying power and its effect on premium product segments.
How does Croatia rank in Fermented Milk Products Market Size Volume Per Capita?
| # | 18 Countries | Kilograms Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Bulgaria | 25.13 | 2023 | View data | ||
| 2 | 2 Estonia | 24.35 | 2023 | View data | ||
| 3 | 3 Latvia | 23.02 | 2023 | View data | ||
| 4 | 4 Lithuania | 21.67 | 2023 | View data | ||
| 5 | 5 Croatia | 18.28 | 2023 | |||
| 6 | 6 Slovenia | 15.98 | 2023 | View data | ||
| 7 | 7 Hungary | 13.01 | 2023 | View data | ||
