Between 2013 and 2023, the ice cream market in Lithuania increased in size from 46.3 million Euros to 69.1 million Euros. Particularly strong growth periods occurred in 2018, where the market value saw a significant jump of 28.2%. However, fluctuations were evident in subsequent years, including a decline in 2020. The past two years showed moderate recovery, with a year-on-year increase of 3.42% by 2023.
Future trends to watch for in the Lithuanian ice cream market include:
- Further exploration of health-conscious, lower-calorie options.
- Consumer demand for innovative flavors and sustainable packaging.
- Impact of economic factors on discretionary spending and pricing.
How does Lithuania rank in Ice Cream Market Size Value?
| # | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,378,000,000 | 2023 | +0.41% | -2.55% | View data |
| 2 | 2 France | 1,321,400,000 | 2023 | +0.38% | +0.31% | View data |
| 3 | 3 Spain | 1,069,700,000 | 2023 | +0.16% | +1.11% | View data |
| 4 | 4 Poland | 448,960,000 | 2023 | +2.04% | +2.47% | View data |
| 5 | 5 Netherlands | 316,270,000 | 2023 | +3.31% | +0.5% | View data |
| 13 | 13 Croatia | 117,120,000 | 2023 | +3% | -0.27% | View data |
| 14 | 14 Bulgaria | 69,689,000 | 2023 | +2.69% | +0.23% | View data |
| 15 | 15 Lithuania | 69,084,000 | 2023 | +3.42% | +0.3% | |
| 16 | 16 Latvia | 62,217,000 | 2023 | +1.48% | +6.19% | View data |
| 17 | 17 Estonia | 60,673,000 | 2023 | +4.46% | +3.16% | View data |
