The European landscape for high growth enterprises in dairy products reveals Italy as the frontrunner with 175 enterprises, showing a significant 8.57% year-on-year growth alongside Hungary, the best performer in annual growth at 11.84%. While Portugal experiences modest growth, Romania, Lithuania, and Iceland remain relatively stable. Conversely, Czech Republic, Slovakia, and Latvia show declines in enterprise numbers, with Latvia seeing the most significant reduction. The data suggests a steady yet varied growth landscape across Europe, marked by Italy's leading status and Hungary's rapid progression.
Future trends to watch include Italy's potential to maintain its leadership position and the sustained growth momentum in Hungary. The stagnancy in countries like Iceland and Norway indicates room for development strategies. Monitoring the effects of market consolidation and innovation in production techniques will also be crucial for anticipating shifts in enterprise numbers across European nations.
Top countries in Number of High Growth Enterprises in Dairy Products by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 175 | 2023 | +19.86% | +8.57% | View data |
| 2 | 2 Portugal | 23 | 2023 | +9.52% | +5.02% | View data |
| 3 | 3 Romania | 17 | 2023 | +6.25% | +1.22% | View data |
| 4 | 4 Hungary | 14 | 2023 | +16.67% | +11.84% | View data |
| 5 | 5 Czech Republic | 8 | 2023 | +14.29% | -4.36% | View data |
| 6 | 6 Lithuania | 6 | 2023 | 0% | +8.45% | View data |
| 7 | 7 Iceland | 5 | 2023 | +25% | View data | |
| 8 | 8 Slovakia | 4 | 2023 | 0% | -4.36% | View data |
| 9 | 9 Latvia | 2 | 2023 | -33.33% | -16.74% | View data |
| 10 | 10 Norway | 1 | 2023 | 0% | 0% | View data |
