The Hungarian Flavoured Liquid Milk Products market has experienced substantial decline over the past decade. Starting at 119.22 million euros in 2013, the market consistently decreased to 52.197 million euros by 2023. Year-on-year variations highlight significant drops in 2014 and 2015, with some modest recoveries like in 2017 and 2020. The last five years notably registered an average annual decline (CAGR) of -6.89%, indicating an ongoing downward trend.
Future trends to watch for:
- Consumer preferences shifting towards healthier alternatives could further impact market size.
- Product innovation and adaptation in flavors might help stabilize or grow the market.
- Potential regulatory changes affecting dairy might alter market dynamics.
How does Hungary rank in Flavoured Liquid Milk Products Market Size Value?
| # | 17 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 3,390,400,000 | 2023 | -0.00045% | +826.24% | View data |
| 2 | 2 Germany | 2,406,900,000 | 2023 | -1.33% | -3.33% | View data |
| 3 | 3 Italy | 1,167,100,000 | 2023 | +2.02% | +0.54% | View data |
| 4 | 4 Poland | 507,040,000 | 2023 | +0.28% | +0.69% | View data |
| 5 | 5 Finland | 225,520,000 | 2023 | -3.24% | -2.08% | View data |
| 11 | 11 Slovakia | 93,883,000 | 2023 | +0.91% | -3.52% | View data |
| 12 | 12 Austria | 82,679,000 | 2023 | +1.15% | -0.5% | View data |
| 13 | 13 Hungary | 52,197,000 | 2023 | -10.86% | -6.89% | |
| 14 | 14 Croatia | 51,574,000 | 2023 | +3.34% | +1.96% | View data |
| 15 | 15 Lithuania | 47,763,000 | 2023 | +1.11% | +1.75% | View data |
