Processed cheese production in Germany has shown a consistent upward trend from 2013 to 2023, starting at 170.95 thousand metric tons and reaching 210.96 thousand metric tons in 2023. The data from 2024 onwards are forecasted, indicating a continued but more gradual increase in production volumes.
In the short term, year-on-year percentage growth varied, with notable increases in 2018 (5.64%) and 2021 (6.04%). Over the past five years leading up to 2023, the compound annual growth rate (CAGR) was 2.57%, reflecting steady expansion. However, the rise for 2023 specifically slowed to 0.98%.
For the forecasted period up to 2028, the processed cheese production is predicted to maintain growth with a forecasted five-year CAGR of 0.74%, representing a total growth rate of 3.77% over the forecasted period.
Future trends to watch for include potential impacts of changing consumer preferences towards organic and plant-based alternatives, technological advancements in production efficiency, and potential regulatory changes in the dairy industry.
