The historical data of meat production in Denmark indicates a downward trend from 2014 to 2023, showing minor fluctuations year-on-year. The production stood at 1.85 million metric tons in 2023, reflecting a -0.11% variation compared to 2022. Over the last two years, the variation shows a stable trend in production, with marginal decreases. The Compound Annual Growth Rate (CAGR) over the last five years is -0.26%, indicating a gradual decline in meat production.
Looking ahead, the forecasted data from 2024 through 2028 suggests stabilization around 1.84 to 1.85 million metric tons. The 5-year CAGR forecast is -0.08%, suggesting a very slight decline in production over the upcoming years. The total 5-year growth rate is estimated at -0.39%, indicating a minimal decrease overall.
Future trends to watch for include shifts in consumer preferences towards plant-based diets, potential regulatory changes impacting meat production, and advancements in alternative protein sources. Also, sustainability concerns and policies may influence the dynamics of meat production in Denmark.
