The Croatian skimmed milk and cream powder market, valued at 11.397 million Euros in 2023, experienced fluctuating trends over the past decade. After peaking at 13.632 million Euros in 2014, there were significant declines with a CAGR of -0.53% over the past five years. Year-on-year variation remained negative for the last two years, at -0.4% from 2022 to 2023.
- The market is marked by volatility, with occasional growth spurts as seen in 2017.
- Recent trends indicate a gradual decline, with an overall decrease in the market size since 2014.
- Despite challenges, slight recovery periods have occurred, reducing drastic declines.
Future trends to watch include potential market stabilization or growth driven by shifts in consumer preferences and possible innovations in dairy-based products. External factors such as supply chain improvements or trade agreements may also impact market trajectories positively.
How does Croatia rank in Skimmed Milk and Cream Powder Market Size Value?
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 477,780,000 | 2023 | -1.19% | -3.27% | View data |
| 2 | 2 Poland | 350,700,000 | 2023 | +4.23% | +4.9% | View data |
| 3 | 3 Italy | 308,300,000 | 2023 | +1.9% | +2.65% | View data |
| 4 | 4 Austria | 19,393,000 | 2023 | -3.64% | -4.96% | View data |
| 5 | 5 Romania | 14,094,000 | 2023 | -1.92% | -1.48% | View data |
| 6 | 6 Croatia | 11,397,000 | 2023 | -0.4% | +0.55% |
