Between 2013 and 2023, the processed milk market volume in Croatia showed fluctuations with an initial growth from 2013 to 2016 followed by a period of stability and eventual decline. By 2023, the market volume stood at 408.84 million kilograms, marking decreases over the previous three years. Year-on-year variation reflects this with a noticeable drop of 1.61% in 2023. The compound annual growth rate (CAGR) over the last five years shows an average decrease of 1.3% per year.
Future trends to watch for:
- Potential shifts towards plant-based milk alternatives impacting processed milk demand.
- Changing consumer preferences and health trends influencing overall dairy consumption.
- Economic factors, such as disposable income levels, potentially affecting market size.
How does Croatia rank in Processed Milk Market Size Volume?
| # | 16 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 9,073,000,000 | 2023 | +0.65% | -0.97% | View data |
| 2 | 2 United Kingdom | 6,321,100,000 | 2023 | -0.27% | -1.23% | View data |
| 3 | 3 Italy | 3,848,600,000 | 2023 | -2.23% | -0.88% | View data |
| 4 | 4 France | 3,559,000,000 | 2023 | -0.17% | -1.28% | View data |
| 5 | 5 Poland | 1,557,200,000 | 2023 | -0.36% | -0.19% | View data |
| 11 | 11 Greece | 460,730,000 | 2023 | -2.51% | -2.42% | View data |
| 12 | 12 Finland | 420,690,000 | 2023 | -5.53% | -5.71% | View data |
| 13 | 13 Croatia | 408,840,000 | 2023 | -1.61% | -1.3% | |
| 14 | 14 Denmark | 281,840,000 | 2023 | -1.08% | -5.43% | View data |
| 15 | 15 Slovakia | 152,370,000 | 2023 | -3.54% | -4.21% | View data |
