The Whole Milk Powder (WMP) production in Denmark has been experiencing a declining trend since 2013. The production value in 2023 stood at 40.7 thousand metric tons, showing a decrease of 4.24% from the previous year and a CAGR of -2.42% over the last five years. The year-on-year variation between 2021 and 2023 displayed marked volatility, with a sharp decrease of 21.15% in 2022, followed by a 4.24% decrease in 2023. Forecast data suggest a continuation of this downward trend, with an anticipated CAGR of -4.01% over the next five years, reaching 31.7 thousand metric tons by 2028.
Future trends to watch for include potential shifts in global dairy demand, advancements in milk powder production technology, and policy changes affecting dairy production in Denmark. Close attention should also be paid to environmental sustainability strategies and their impact on production capacities and operational efficiencies.
