The beef meat market in Denmark has seen a general decline in volume over the last decade, starting from 146.0 thousand metric tons in 2014 and reaching 131.0 thousand metric tons by 2023. The year-on-year variations show fluctuations, with significant drops observed in years like 2017 (-8.78%) and steady declines in recent years (e.g., -0.76% in 2023).
The average compound annual growth rate (CAGR) over the last five years has been -0.60%, indicating a consistent downward trend. Forecasts suggest this trend will continue, with a projected volume of 126.0 thousand metric tons by 2028, reflecting a further decrease of approximately 3.08% over the next five years and a forecasted CAGR of -0.62%.
Future trends to watch for include potential shifts in consumer preferences towards alternative proteins, regulatory changes impacting the meat industry, and economic factors influencing meat consumption. These elements could further affect the beef market trajectory in Denmark.
