Beef meat production in Denmark stood at 122.81 thousand metric tons in 2023. Over the last decade, the production has experienced fluctuations, with a notable decline from 129.34 thousand metric tons in 2016 to 122.81 thousand metric tons in 2023. This represents a compound annual growth rate (CAGR) of -1.16% over the past five years. The year-on-year variations have been irregular, showing decreases and increases in different years, with a recent trend of slight declines in 2022 and 2023.
Future production is forecasted to continue its downward trajectory, reaching 118.6 thousand metric tons by 2028, reflecting an average annual decrease (CAGR) of -0.55% over the next five years. This anticipated decline suggests a cautious outlook for the sector.
Future trends to watch for include:
- Changes in consumer dietary preferences, potentially affecting demand.
- Environmental regulations impacting farming practices and production efficiency.
- Economic factors such as input costs and market prices influencing profitability.
