Serbia Milk Market 2024

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The milk in Serbia market is expected to increase by USD 47.4 million, at a compound annual growth rate (CAGR) of 1.9% from 2024 to 2029, according to the latest edition of the Milk Market in Serbia Report. The Serbia milk market is driven by increasing urbanization and the growing influence of Western dietary habits, leading to a higher demand for packaged and processed milk products. As more consumers move to urban areas, there is a rising preference for convenient and nutritious dairy options. Additionally, improvements in retail infrastructure and the expansion of supermarkets and modern trade outlets are making milk products more accessible across the country. Government efforts to enhance local dairy production and reduce reliance on imports are also supporting market growth, ensuring a more consistent and reliable supply of milk to meet the evolving consumer needs.

This report presents a detailed overview of the Serbia milk industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product, and distribution channel. This detailed analysis supports the identification of growth opportunities within the milk industry.


Market Segmentation


The milk market in Serbia is structured as follows:
Product: cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, powdered milk
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, small grocery stores, foodservice channels, e-commerce, others

The Serbia milk market is segmented on the basis of product, and distribution channel. Based on product, the milk market in Serbia is categorized into cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, and powdered milk. On the basis of distribution channel, the milk market in Serbia has been segmented into convenience stores, supermarkets and hypermarkets, discounters, small grocery stores, foodservice channels, e-commerce, and others.


Competitive Landscape


The key players in the milk market include VITALIA Nikola d.o.o, Meggle GmbH & Co. KG, Lactalis South Africa (Pty) Ltd., Danube Foods Group.

This report provides a thorough assessment of the Serbia milk market, examining the performance of leading players from 2019 to 2023. The analysis offers critical information on market share dynamics, pinpointing dominant incumbents as well as rising challengers. Leveraging this data enables companies to refine their strategies, seize growth opportunities, and sustain competitive advantage in an increasingly dynamic market environment.


Why Buy This Report?


Obtain precise statistical data and forecasts for the Serbia milk market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Serbia milk market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Serbia milk market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.


Table of Contents


TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewSerbia milk market – product analysis
Serbia milk market – distribution channel analysis
Key players and market share
– VITALIA Nikola d.o.o
– Meggle GmbH & Co. KG
– Lactalis South Africa (Pty) Ltd.
– Danube Foods Group

Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table Serbia milk market 2019-2029
Chart Serbia milk market, net growth, 2019-2029
Chart Serbia milk market, growth rates, 2019-2029
Table Serbia milk market by product, 2019-2029
Chart Serbia milk market by product, CAGR historic and forecast, 2019-2029
Chart Serbia milk market by product, 2019-2029
Table Serbia milk market by distribution channel, 2019-2029
Chart Serbia milk market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Serbia milk market by distribution channel, 2019-2029
Table Serbia milk market share (%), by companies, 2019-2023
Chart Serbia milk market, by companies, 2023
Table Serbia milk market share (%), by brands, 2019-2023
Chart Serbia milk market, by brands, 2023
Table Serbia – population (millions) and forecast
Table Serbia – consumer price index (CPI) and forecast
Table Serbia – gross domestic product and forecast
Table Serbia milk market: spend as a proportion of GDP (%)
Table Serbia milk market: consumption per capita (population)


Product Type

Industry Statistics

Region

Europe

Published Date

2024

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