The area of arable land fully converted to organic farming in Denmark exhibited significant growth, reaching 233.63 thousand hectares in 2023, up from 132.56 thousand hectares in 2013. Over the last two years, the year-on-year growth has slowed, advancing only 3.21% from 2022 to 2023, following a 3% increase the previous year. Despite this slowdown, the compound annual growth rate (CAGR) over the past five years remains strong at 9.3%. Forecasts suggest that by 2028, the CAGR will moderate to 2.23%, culminating in a 11.66% overall increase from 2023.
Future trends to watch for:
- Potential market saturation as the rate of conversion to organic farming slows down.
- Policy changes and governmental incentives that could either accelerate or decelerate the trend.
- Technological advancements in organic farming that may impact productivity and expansion.
- Environmental factors and their influence on agricultural practices and sustainability goals in Denmark.
- Consumer demand for organic products and how it shapes the market dynamics.
