From 2013 to 2023, Italy's skimmed milk and cream powder market demonstrated a fluctuating trajectory in terms of volume. By 2023, the market reached 96.629 million kilograms, marking a 2.94% increase from the previous year. Notably, the longest CAGR for five years was observed as 9.21% in 2019, highlighting a peak period. However, a downward trend was seen in the latter part, with a slight annual decrease in volumes.
- Future trends to watch include shifts in consumer preferences towards plant-based alternatives and potential price fluctuations driven by raw material costs.
- Innovations in dairy processing and government policies on nutrition and health could also impact market dynamics.
| # | 5 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 117,740,000 | 2023 | +4.52% | +4.8% | View data |
| 2 | 2 Spain | 99,289,000 | 2023 | +5.85% | +8.48% | View data |
| 3 | 3 Italy | 96,629,000 | 2023 | +2.94% | -0.39% | |
| 4 | 4 Denmark | 4,864,900 | 2023 | -2.72% | -2.67% | View data |
| 5 | 5 Croatia | 4,562,800 | 2023 | +2.74% | +3.8% | View data |