In 2023, the production of unsweetened concentrated milk in Germany was below the forecasted figures for 2024, which are set at 274.04 thousand metric tons. From 2024 onwards, a steady decline is expected through 2028, reaching 267.21 thousand metric tons. This represents a year-on-year decrease of approximately 0.64% to 0.99% over the four-year period, with a compound annual growth rate (CAGR) indicating an average annual decline over the five years. This trend reflects a consistent reduction in production capacity or demand.
Future trends to watch for:
- The impact of consumer preferences shifting towards plant-based alternatives.
- Potential regulatory changes affecting dairy production in the EU.
- Technological advancements that could improve production efficiency.
- International trade agreements affecting dairy exports.
