In 2023, ghee and butter production in Germany stood at an undisclosed baseline. The projected values from 2024 to 2028 indicate a gradual decline, suggesting a decrease of approximately 0.75% year-on-year. Over the five-year period, the compound annual growth rate (CAGR) is anticipated to be negative, highlighting a consistent drop in production volume.
Future trends to watch include:
- Potential shifts in consumer preferences towards plant-based alternatives could exacerbate the decline.
- Changes in export demand, especially within the EU, might influence production adjustments.
- Economic policies and environmental regulations could impact production practices and costs.
- Technological advancements in production efficiency could deter the declining trend.