The freshwater fish market in Denmark has experienced significant fluctuations over the past decade. In recent years, the growth has been more stable, with the market standing at 13.09 thousand metric tons in 2023. The year-on-year variation between 2022 and 2023 was 1.39%, reflecting steady growth. Over the last five years, from 2018 to 2023, the Compound Annual Growth Rate (CAGR) was 1.04%.
Looking ahead, the market is expected to continue its gradual growth, with forecasted volumes reaching 14.02 thousand metric tons by 2028. The forecasted 5-year CAGR stands at 1.14%, indicating a positive but moderate expansion.
Future trends to watch for include changes in consumer preferences, sustainability practices in fish farming, and potential regulatory impacts on the industry. The adoption of new technologies in aquaculture and shifts towards eco-friendly practices could also influence market dynamics.
