The craft beer market in Denmark saw fluctuations between 2013 and 2023, with values expressed in million kilograms. In 2023, the market stood at 67.448 million kilograms, reflecting a gradual increase of 1.06% from 2022. Over the past two years (2021 to 2023), the market experienced a modest rise at an average of 1.07% per year. From 2018 to 2023, the compound annual growth rate (CAGR) shows a steady but slow increase of 1.6%.
Looking forward, between 2023 and 2028, projections indicate the craft beer market size is set to slightly grow at an average CAGR of 0.79%, with an overall growth rate of 3.99% over these five years.
Future trends to watch for:
- Sustained moderate growth in craft beer market size
- Increased demand for innovative flavors and premium products
- Potential impacts of changing consumer preferences and economic factors
