Forecast: Wheat Feed in Denmark

An analysis of the wheat feed market in Denmark from 2014 to 2023 shows varying trends. The value of wheat feed peaked at 3.57 million metric tons in 2016, followed by a decline and a relatively stable trend afterward. By 2023, it stood at 3.06 million metric tons, with a year-on-year variation of -0.62% and a CAGR of 0.27%. Despite fluctuations, the overall trend over the last 5 years exhibits minimal decline.

Future trends to watch for:

  • Expected continuous slight decrease with forecasted values showing a minor decline to 2.97 million metric tons by 2028, leading to a forecasted 5-year CAGR of -0.5%.
  • Potential impacts of climate change, policy changes, and technological advancements on wheat feed production and consumption.
  • Possible shifts in the agricultural sector and feed industry dynamics in Denmark.

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