Forecast: Sold Production of Dairy Products and Cheese in Germany

Analyzing the sold production of dairy products and cheese in Germany from 2013 to 2023, we observe significant fluctuations. Following a steep decline in 2016, the market rebounded with substantial growth in 2017 and a stable upward trend from 2019 onwards, reaching 24.081 billion euros in 2023.

The year-on-year variation highlights fluctuations: 3.02% in 2020, 4.35% in 2021, a slight decline of 3.29% in 2022, and a modest growth of 2.69% in 2023. The CAGR over the last five years stood at 6.51%, indicating moderate growth.

Future trends suggest continued growth in production value, albeit at a modest average rate (forecasted five-year CAGR of 1.9%). Key areas to watch include technological advancements, sustainability practices, and consumer shifts towards dairy alternatives impacting market dynamics.

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