German dairy spreads production exhibited varying trends between 2013 and 2023. The production peaked in 2015 at approximately 509.49 thousand metric tons and then saw a general downward trend with some fluctuations. By 2023, production reached 462.97 thousand metric tons. Year-on-year changes indicate instability, with notable declines in 2021 and 2022 but a slight increase of 0.83% in 2023. The compound annual growth rate (CAGR) over the past five years is -0.51%, suggesting an overall decline.
The forecast from 2024 to 2028 predicts that production will remain stable at 462.97 thousand metric tons, with a zero growth rate.
Future trends to watch for:
- Changes in consumer preferences towards plant-based alternatives.
- Potential impacts of economic factors and dairy market regulations.
- Technological advancements in dairy production and product innovation.
