The condensed or evaporated milk market in Germany shows a declining trend. In 2023, the volume per capita stood at 6.5 kilograms. Forecasted data indicates a decrease from 6.46 kg in 2024 to 6.2 kg by 2028. The year-on-year variation highlights slight decreases with a rough estimation of 0.93% for 2024–2025 and 1.27% for 2025–2026. Over the 5-year period until 2028, the market forecasts suggest a CAGR decline of approximately 0.98% per year.
Future trends to watch:
- Consumer preferences shifting towards plant-based alternatives.
- Health consciousness potentially accelerating the decline in traditional dairy product consumption.
- Potential innovation in lactose-free and low-sugar dairy products catering to evolving health trends.