Romania dairy market builds in value but volume growth forecast to fade over next few years
Lactalis trims factories in Romania where the dairy group has expanded through M&A.
Value ($m)
Five-year CAGR (%)
Volume (KgM)
Five-year GAGR
2019
1,587.81
2.27
495.66
4.4
2020
1,797.26
7.24
557.11
5.57
2021
1,900.04
6.88
565.57
3.94
2022
1,928.4
6.26
535.33
2.42
2023
2,164.68
6.28
515.01
1.25
2024
2,293.82
7.63
512.54
0.67
2025
2,417.27
6.11
519.47
−1.39
2026
2,543.88
6.01
526.75
−1.41
2027
2,667.57
6.7
535.01
−0.01
2028
2,801.93
5.3
544.8
1.13
GlobalData