The Rendered Lard and Other Pig Fat Market in Denmark has displayed a significant decline from 2013 to 2023, with volume decreasing from 82.784 million kilograms to 40.518 million kilograms. This reduction represents a consistent downward trend, as indicated by substantial year-on-year declines. Notably, there was a dramatic decrease of 20.17% in 2017, followed by steady annual reductions to 2023. The latest data documents an 8.94% reduction year-on-year for 2023 and an average annual decline of 7.24% over the past five years.
Future trends to watch for include potential market stabilization or further declines based on changes in consumer preferences, advances in substitute products, and evolving health guidelines. Moreover, innovations in the food industry and environmental considerations may also play crucial roles in shaping the future of Denmark's market for rendered lard and pig fat.
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 370,620,000 | 2023 | +1.5% | +2.19% | View data |
| 2 | 2 Netherlands | 87,894,000 | 2023 | -4.1% | -1.21% | View data |
| 3 | 3 Poland | 84,655,000 | 2023 | -1.55% | -1.65% | View data |
| 4 | 4 Denmark | 40,518,000 | 2023 | -8.94% | -7.24% | |
| 5 | 5 Finland | 1,197,800 | 2023 | -0.9% | -1.66% | View data |
| 6 | 6 Lithuania | 635,690 | 2023 | -8.89% | -6.47% | View data |
