The production of milk-based drinks in Denmark experienced fluctuations from 2013 to 2023, with notable peaks and troughs. In 2023, the production stood at 60.9 thousand metric tons. Notable variations include a significant rise in 2017 with a 20.38% year-on-year increase and a sharp decline in 2019 by 24.72%. Recent years show a slight recovery with a 1.67% rise in 2023. The five-year compound annual growth rate (CAGR) up to 2023 was -7.31%, reflecting an overall downward trend.

Future trends to watch for:

Steady forecasted growth with a CAGR of 0.49% from 2024 to 2028
A total growth rate of 2.45% over the next five years
Potential impact of innovation in dairy alternatives on milk-based drink production