The Croatian dairy products market reached a value of 1,034.2 million euros in 2023, representing a moderate year-on-year increase of 1.18%. Over the past decade, the market showed fluctuating trends, with notable growth in 2017 and 2021, and decrease periods in 2014, 2015, 2016, and especially in 2020. Over the last five years, the compound annual growth rate (CAGR) was relatively low at 0.87%, indicating a gradual recovery and stabilization after the COVID-19 pandemic-related decline in 2020.
Future trends to watch include:
- Potential growth driven by rising demand for healthier and organic dairy alternatives.
- The impact of regulatory changes and sustainability initiatives on production and pricing.
- Technological advancements in dairy processing and logistics that could affect cost efficiency and market competitiveness.
How does Croatia rank in Dairy Products Market Size Value?
| # | 19 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 29,301,000,000 | 2023 | +1.75% | +1.82% | View data |
| 2 | 2 Italy | 22,897,000,000 | 2023 | +0.22% | +0.59% | View data |
| 3 | 3 United Kingdom | 15,427,000,000 | 2023 | +0.5% | +1.71% | View data |
| 4 | 4 Poland | 8,471,800,000 | 2023 | +1.69% | +3.05% | View data |
| 5 | 5 Sweden | 2,959,000,000 | 2023 | +0.2% | -0.97% | View data |
| 14 | 14 Denmark | 1,197,400,000 | 2023 | +0.74% | +0.98% | View data |
| 15 | 15 Slovakia | 1,098,900,000 | 2023 | +1.75% | +3% | View data |
| 16 | 16 Croatia | 1,034,200,000 | 2023 | +1.18% | +0.87% | |
| 17 | 17 Lithuania | 994,090,000 | 2023 | +2.82% | +1.92% | View data |
| 18 | 18 Latvia | 392,630,000 | 2023 | +2.74% | +3.8% | View data |
