The forecasted sold production of whole milk and cream powder in Germany shows a steady upward trend from 2024 to 2028, starting at 348.14 million Euros in 2024 and reaching 363.95 million Euros by 2028. As of the end of 2023, the actual production value was slightly lower, indicating gradual growth into the future. The year-on-year growth between consecutive years is observed at around 1-2%, indicating a stable market with moderate expansion. The compound annual growth rate (CAGR) for this period is expected to show an average annual increase consistent with these year-on-year variations.
Future trends to watch for include:
- Potential impact of changes in consumer preferences towards plant-based alternatives.
- Shifts in global trade policies affecting export potential.
- Technological advancements in production efficiency.
- Environmental regulations impacting the dairy industry.