The per capita market value for tomato juice in Denmark has been steadily declining from €0.27 in 2013 to €0.074 in 2023. This represents a significant decrease in demand, with a year-on-year decline of 14% in 2022 and 16% in 2023. The compound annual growth rate (CAGR) over the last five years is approximately -5.4%, indicating a continuous downward trend.
Future trends to watch for include:
- Potential market stabilization as the decline moderates or contracts slow down.
- Shifts towards healthier beverage alternatives affecting consumption patterns.
- Market innovation or promotional activities that may rejuvenate interest in tomato juice.
How does Denmark rank in Tomato Juice Market Size Value Per Capita?
| # | 8 Countries | Euros Per Capita | Last Year | |
|---|---|---|---|---|
| 1 | 1 Estonia | 1.65 | 2023 | View data |
| 2 | 2 Lithuania | 1.15 | 2023 | View data |
| 3 | 3 Poland | 0.71 | 2023 | View data |
| 4 | 4 Germany | 0.39 | 2023 | View data |
| 5 | 5 Hungary | 0.31 | 2023 | View data |
| 6 | 6 Finland | 0.26 | 2023 | View data |
| 7 | 7 Slovakia | 0.087 | 2023 | View data |
| 8 | 8 Denmark | 0.074 | 2023 |
