The fresh pastry market in Lithuania saw dynamic growth from 2013 to 2023, with the per capita value reaching 59.19 Euros in 2023. The most significant increase occurred between 2016 and 2017, after which growth rates varied. Notably, the market slightly contracted in 2020, likely due to pandemic impacts, but rebounded in the following years. The year-on-year increase from 2022 to 2023 was 4.4%, while the compound annual growth rate (CAGR) over the past five years was approximately 2.77%.
Future trends to watch include potential shifts in consumer preferences towards healthier pastry options and the impact of economic factors on discretionary spending. Additionally, the influence of tourism and international culinary trends could lead to new growth avenues.
How does Lithuania rank in Fresh Pastry Market Size Value Per Capita?
| # | 23 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 110.82 | 2023 | View data | ||
| 2 | 2 Germany | 98.65 | 2023 | View data | ||
| 3 | 3 Estonia | 96.07 | 2023 | View data | ||
| 4 | 4 Italy | 94.02 | 2023 | View data | ||
| 5 | 5 Austria | 91.11 | 2023 | View data | ||
| 11 | 11 Spain | 62.16 | 2023 | View data | ||
| 12 | 12 Netherlands | 60.86 | 2023 | View data | ||
| 13 | 13 Lithuania | 59.19 | 2023 | |||
| 14 | 14 Romania | 56.12 | 2023 | View data | ||
| 15 | 15 Greece | 54.69 | 2023 | View data | ||
