Forecast: Meat Demand in Denmark

The demand for meat in Denmark has shown a steady increase from 2014 to 2023. Starting at 396,000 tons in 2014, the value rose to 476,000 tons by 2023. While the yearly variations include notable fluctuations such as a significant rise in 2016 and a slight dip in 2015, the overall trend has been upwards. Particularly from 2019 to 2023, the average annual growth rate has been relatively modest but positive, signifying consistent demand.

Future demand (from 2024 to 2028) is expected to grow at a compound annual growth rate (CAGR) of 0.74%, with an anticipated rise to 498,000 tons by 2028. Despite a slow CAGR, long-term growth of approximately 3.75% is forecasted for this period.

Future trends to watch for:

• The impact of alternative proteins and changing consumer preferences on traditional meat consumption.
• Economic factors and their influence on purchasing power and meat consumption patterns.
• Sustainability and regulatory trends affecting the meat industry.