In 2023, the demand for butter and ghee in Germany stood at 523.0 thousand metric tons. The forecast from 2024 to 2028 indicates a steady increase in demand, with values rising from 528.0 to 549.0 thousand metric tons. This trajectory translates to a consistent year-on-year growth of about 0.9% to 1.1%. The forecasted Compound Annual Growth Rate (CAGR) for this period is approximately 1.0%.
Future trends to watch for include potential shifts in consumer preferences towards organic and plant-based alternatives, which could influence traditional butter and ghee consumption. Additionally, any changes in the economic climate could affect purchasing power and, consequently, demand. Monitoring health trends and regulatory changes in the dairy sector is also crucial for anticipating further market dynamics.
