The fresh sheep meat market in Denmark stood at 1.5802 million kilograms in 2023. From 2013 to 2023, the market size exhibited fluctuations with notable years of decline in 2014 and 2018, and robust growth in 2017 and 2020. Over the last two years, the market increased by 3.56% in 2022 and 3.2% in 2023. The five-year compound annual growth rate (CAGR) until 2023 was 3.48%.
Future trends to watch for include:
- Continued steady growth, with an expected five-year forecast CAGR of 2.22% from 2024 to 2028.
- Potential shifts in consumer preferences towards locally sourced or organic sheep meat.
- Impacts of regulatory changes and sustainability practices on production.
- Technological advancements in farming that could affect supply dynamics.