The market size volume for frozen cuts of geese, ducks, and guinea fowls in Denmark has been experiencing a declining trend from 2013 to 2023, starting at 1.7523 million kilograms and reaching 1.3288 million kilograms in 2023. This represents a continuous year-on-year decrease in volume, with a notable Compound Annual Growth Rate (CAGR) decline of -3.51% over the last five years.
Key Trends and Highlights:
- Year-on-year reductions peaked in 2013 and 2019, with declines of -6.51% and -7.06%, respectively.
- The rate of decline has been relatively consistent post-2019, averaging annual year-on-year decreases of around -3%.
- The CAGR for the last five years shows an accelerating contraction, indicating ongoing challenges in stabilizing the market.
Future Trends to Watch:
- A continued focus will be on potential innovations in product offerings or changes in consumer preferences that could help stabilize demand.
- Impact of external factors such as global trade policies, supply chain dynamics, and environmental concerns may further influence market conditions.
- Exploration of alternative markets or export opportunities might be pivotal in reversing the declining trend.
