Sweetener production in Denmark stood at 512 thousand metric tons in 2023. From 2014 to 2023, production exhibited fluctuating trends, with significant dips and rebounds. The most notable drop occurred in 2015 (-26.47%), followed by a substantial recovery in 2016 (+22.9%). Production gradually declined post-2017, culminating in a -1.54% year-on-year drop by 2023. The last five years' compound annual growth rate (CAGR) is -0.84%, indicating a steady downturn.
Looking ahead from 2024 to 2028, the forecast suggests a continued decline in production, with a projected 5-year CAGR of -1.33% and an overall reduction of -6.48% by 2028. Factors to monitor include shifts in consumer preferences towards natural sweeteners, regulatory changes, and technological advancements in production processes.
-Steady downturn in recent years
-Significant annual variations in earlier years
-Projected ongoing decrease in production
-Consumer trends, regulations, and technology as critical future factors
