The German dairy products market has experienced fluctuating turnover from 2013 to 2023, with significant drops in 2015 (-11.21%) and 2021 (-7.78%). However, positive spikes were observed in 2014 and 2017, with year-on-year increases of 15.25% and 18.84%, respectively, contributing to an overall upward trend. In 2023, the market stood at €34.3 billion, a 1.78% increase from 2022, with the latest five-year CAGR at 2.02%. Future growth from 2024 to 2028 is forecasted, with a 5-year CAGR of 1.29%, indicating a steady but moderate rise.
Future trends to watch for:
• Increasing demand for plant-based dairy alternatives.
• Growing consumer focus on sustainability and eco-friendly products.
• Technological advancements in dairy production leading to efficiency.
