The production of skimmed dried milk in Germany has shown a generally positive trend from 2013 to 2023, increasing from 316.5 Thousand Metric Tons to 492.89 Thousand Metric Tons. The most significant growth periods were between 2014 and 2016, with year-on-year increases above 10%. Although there were slight declines in 2017 and 2020, the overall production has stabilized, boasting a CAGR of 2.15% over the last five years. The growth forecast from 2024 to 2028 anticipates a further gradual increase, projecting a 7.83% growth rate over the five-year period.
Key future trends to watch for include:
- Potential market shifts due to changing consumer preferences and dietary trends.
- Technological advancements in milk powder production that could boost efficiency and output.
- Impact of environmental sustainability initiatives and regulations on production processes.
