Between 2013 and 2023, the meat processing production value in Denmark saw a significant decline, dropping from 4.96 billion euros in 2013 to 2.54 billion euros in 2023. Key fluctuations include a severe drop of 41.03% in 2018 but a moderate rebound of 5.51% in 2020. The overall trend, however, has been predominantly downward with yearly declines ranging from 0.83% to 4.98% post-2018. The most recent two-year analysis reveals consistent drops of about 4%, while the five-year CAGR indicates a mild annual decrease of 0.5%.
Future trends to watch for include advancements in plant-based meat alternatives, increased regulation regarding environmental impact, and potential trade restrictions which may further influence the industry's production value. The forecasted 5-year CAGR of -3.82% implies a continuing decline, leading to an estimated value of 2.0 billion euros by 2028.
