Whole dried milk production in Germany has seen notable fluctuations over the past decade. Standing at 155.33 thousand metric tons in 2023, this metric marked gradual growth since 2013 with a few intermittent declines. The production fell slightly by 2.52% in 2020 but rebounded robustly in the following years, registering a 7.89% increase in 2021 and continued positive trends into 2023 with a 2.28% rise. The five-year Compound Annual Growth Rate (CAGR) leading up to 2023 was 2.5%.
Forecast data suggests continued increases in production, with an anticipated rate of 1.73% CAGR up to 2028, culminating in an 8.98% growth over five years.
Future Trends to Watch For:
- Global demand shifts for dairy products.
- Technological advancements in dairy farming and processing.
- Policy and regulatory changes impacting production and trade.
- Climate change implications on dairy agriculture.
- Consumer preference trends towards plant-based alternatives.
