The buttermilk market in Denmark has experienced a steady decline in volume from 2013 to 2023. In 2013, the market stood at 35.581 million kilograms, but by 2023 it had decreased to 26.356 million kilograms. This gradual reduction reflects a consistent downward trend, with slight fluctuations in between. Notably, the volume observed a positive growth in 2020 but resumed its decline thereafter. The year-on-year variation over the past two years showed a reduction of approximately 1.65% each year, while the Compound Annual Growth Rate (CAGR) over the last five years was approximately -1.85%.
Future trends to watch for:
- Potential development of new buttermilk-based products catering to health-conscious consumers.
- Increasing competition from plant-based alternatives which may continue to impact market size.
- Consumer behavior shifts post-COVID-19 pandemic focusing on dietary changes and preferences.
How does Denmark rank in Buttermilk Market Size Volume?
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 244,730,000 | 2023 | -3.84% | -1.59% | View data |
| 2 | 2 Ireland | 100,050,000 | 2023 | +6.53% | +1.82% | View data |
| 3 | 3 Poland | 79,658,000 | 2023 | -2.84% | +0.16% | View data |
| 4 | 4 France | 47,043,000 | 2023 | +6.14% | +6.41% | View data |
| 5 | 5 Finland | 34,129,000 | 2023 | -6.79% | -6.52% | View data |
| 6 | 6 Denmark | 26,356,000 | 2023 | -1.65% | -1.85% | |
| 7 | 7 Czech Republic | 4,913,800 | 2023 | -5.25% | -0.75% | View data |
