The data on the production in the Beverage Serving Activities sector in Denmark shows significant fluctuations from 2013 to 2023, with a noteworthy decrease in 2020 due to external factors, followed by a recovery. Production stood at 7.33 Billion Danish Krones in 2023. Over the past two years, the year-on-year variation was an 11.66% increase in 2022 and an 8.29% increase in 2023. The average yearly growth (CAGR) for the last five years stands at 1.89%.
Future trends to watch for:
- The forecasted data from 2024 to 2028 suggests a steady growth with an average annual CAGR of 2.18%.
- Projected production in 2028 is 8.4 Billion Danish Krones, indicating an overall growth rate of 11.38% over five years.
- Potential influences include changing consumer preferences, regulatory impacts, and economic conditions.