The Prepared or Preserved Nuts market in Denmark exhibited notable fluctuations over the past decade, beginning at 24.527 million euros in 2012 and reaching 40.007 million euros in 2022. The market displayed significant year-on-year variations, notably a substantial increase of 21.57% in 2020 followed by a moderate growth of 3.33% and 1.36% in 2021 and 2022, respectively. The compound annual growth rate (CAGR) over the last five years was determined to be approximately 6.65%, indicating a healthy upward trend despite occasional declines. In 2023, it stands poised at an estimated 41.5 million euros, continuing its positive trajectory.
Future trends to watch for include increasing consumer demand for healthy snack alternatives, innovations in product offerings, and a growing preference for organic and sustainably sourced products. Market players will likely invest in product diversification and sustainability initiatives to stay competitive.
How does Denmark rank in Prepared or Preserved Nuts Market Size Value?
# | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Spain | 1,213,100,000 | 2023 | +1.95% | +4.03% | View data |
2 | 2 United Kingdom | 392,330,000 | 2023 | +1.6% | +1.97% | View data |
3 | 3 Netherlands | 240,820,000 | 2023 | -0.28% | +0.19% | View data |
4 | 4 Portugal | 188,130,000 | 2023 | +3.49% | +7.92% | View data |
5 | 5 Romania | 162,390,000 | 2023 | +4.49% | +7.03% | View data |
8 | 8 Greece | 96,745,000 | 2023 | +0.55% | +0.63% | View data |
9 | 9 Bulgaria | 76,741,000 | 2023 | -0.21% | -0.19% | View data |
10 | 10 Denmark | 41,513,000 | 2023 | +2.51% | +7.77% | |
11 | 11 Croatia | 23,972,000 | 2023 | +3.72% | +7.44% | View data |
12 | 12 Estonia | 15,505,000 | 2023 | +6.12% | +5.55% | View data |