The sold production of flavored liquid yoghurt or acidified milk in Germany has shown a declining trend from 2013 to 2023, with actual values decreasing from 2.4414 billion euros in 2013 to 1.9016 billion euros in 2023. The year-on-year variations highlight consistent negative growth, with notable declines in 2016, 2019, 2020, and recently in 2022 and 2023. The five-year CAGR leading up to 2023 was -3.71%, indicating a strong downward trend.
Future forecasts indicate a continual decline, with projected values falling to 1.5963 billion euros by 2028. The forecasted five-year CAGR is -2.79%, forecasting a total reduction of approximately 13.21% in value over these five years.
Future trends to watch for include:
- Potential market shifts towards plant-based and alternative dairy products which could impact traditional dairy consumption.
- Consumer preferences evolving towards healthier, sugar-free or low-fat yoghurt options.
- Impact of economic conditions and inflation on consumer spending habits related to non-essential food items.
- Technological innovations in production and supply chain that could alter market dynamics.
