Between 2014 and 2023, the Demersal Fish Feed market in Denmark experienced considerable fluctuations. Starting at 14.96 Thousand Metric Tons in 2014, it saw a significant drop in 2015 and 2016 with year-on-year decreases of 23.26% and 25.44%, respectively. However, 2017 marked a resurgence with a substantial 60.51% increase, stabilizing around 13.74 Thousand Metric Tons in the following years. From 2019 to 2023, the market displayed minor declines with an average year-on-year decrease, culminating in a 13.0 Thousand Metric Tons value for 2023. The CAGR from 2023 stands at -1.1% over the past five years, and notably, forecasts suggest a continued slight decline with a predicted -0.34% CAGR up to 2028.
Future trends to watch for include potential impacts of regulatory changes and innovations in feed technologies. Monitoring environmental policies and advances in sustainable aquaculture could provide pivotal insights for the market direction.
