The Odoriferous Substances for Food or Drink Industries market in Finland has shown progressive growth from 2013 to 2023, reaching 89.256 million Euros in 2023. After volatile fluctuations in early years, a steady climb has been observed since 2016. Notably, the year-on-year growth in 2022 was 1.93% and 1.89% in 2023, while the CAGR over the last five years has averaged 4.06%.
Future trends to watch include:
- Potential growth in demand due to sustainability and natural flavor trends.
- Technological advancements in odoriferous substance production contributing to market expansion.
- Regulatory changes in the EU impacting the market dynamics.
How does Finland rank in Odoriferous Substances for the Food or Drink Industries Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,034,100,000 | 2023 | +0.66% | +1.32% | View data |
| 2 | 2 France | 1,013,900,000 | 2023 | +0.33% | +2.85% | View data |
| 3 | 3 Italy | 571,700,000 | 2023 | +0.22% | +2.72% | View data |
| 4 | 4 Spain | 528,100,000 | 2023 | +4.91% | +2% | View data |
| 5 | 5 Poland | 502,970,000 | 2023 | +3.69% | +3.51% | View data |
| 6 | 6 Romania | 279,890,000 | 2023 | +5.17% | +5.43% | View data |
| 7 | 7 Greece | 174,810,000 | 2023 | +1.63% | +3.81% | View data |
| 8 | 8 Finland | 89,256,000 | 2023 | +1.89% | +4.06% | |
| 9 | 9 Bulgaria | 49,914,000 | 2023 | +1.57% | +3.6% | View data |
| 10 | 10 Croatia | 31,117,000 | 2023 | +2.89% | -1.53% | View data |
