The milled or broken rice market in Denmark has been on a downward trend for several years. The actual market size value in 2023 was 24.783 million Euros. Analyzing the year-on-year variations, there has been a consistent decline in the value from 2013 (-1.93%) to 2023 (-2.96%). The average variation per year over the last five years registered a -3.1% CAGR for the actual data. Forecasts predict this declining trend will continue, with an estimated -2.75% CAGR from 2024 to 2028, resulting in a forecasted market size of 20.835 million Euros by 2028.
Future trends to watch for include potential changes in consumer preferences towards alternative grains, impacts of global rice production and trade policies, and economic factors that may influence purchasing power and consumption patterns in Denmark.
