Between 2015 and 2023, the number of processors of organic animal feeds in Denmark fluctuated, starting from 41 enterprises in 2015 and reaching 45 enterprises in 2023. Notable variations included a significant drop in 2016 (-21.95%) and a recovery in 2018 (+38.24%). From 2019 to 2020, the numbers stabilized with no change. However, a slight downward trend was observed from 2021 to 2023. The Compound Annual Growth Rate (CAGR) over the 5-year period leading to 2023 was -0.87%, indicating a declining trend.

Future trends to watch for:

Forecasted data suggests a continuing slight decline, with the number of enterprises expected to decrease to 41 by 2028.
The forecasted 5-year CAGR from 2024 to 2028 is -1.4%, indicating a gradual but consistent reduction in enterprises.
Overall growth rate over the forecasted period is projected at -6.82%, emphasizing the importance of market adaptation strategies.