Analyzing the sold production of ice cream and other edible ice in Denmark from 2013 to 2023, we observe an initial decline from 2013 to 2017, reaching its lowest in 2017 at 14.655 million liters. Between 2018 and 2020, there was a notable recovery with a peak in 2020 at 19.637 million liters. The production volumes leveled off from 2021 onwards, with a slight year-on-year increase in 2023, reaching 18.932 million liters. Over the last five years, the average annual growth rate (CAGR) was around 1.02%.
The forecasted data from 2024 to 2028 suggest a stable production trend with minimal annual increases, reflecting an average annual growth rate of only 0.03% over this period. By 2028, the production is expected to reach approximately 18.972 million liters.
Future trends to watch for:
- Shifts in consumer preferences towards healthier or alternative ice cream options.
- Potential impacts of climate change on sales due to fluctuating summer temperatures.
- Innovation in flavors and product formats that could spur sporadic increases in demand.