The Wheat Starch Market in Denmark has seen a steady decline over the years. In 2023, the per capita volume reached 0.17 kg, marking a continued reduction from previous levels. The most recent two-year decline was significant, with a 22.73% drop from 0.22 kg in 2021 to 0.17 kg in 2023. Over the last five years, the compound annual growth rate (CAGR) showed a decline, indicating an average reduction of market size per year.
Future trends to watch for include:
- Potential stabilization as the market approaches saturation or bottom levels.
- Innovation in product application and diversification in usage could influence demand.
- Impact of economic factors and health trends on consumer choices regarding wheat-based products.
