The market size volume per capita for frozen bovine meat in Denmark stood at 1.00kg in 2023. Based on forecast data, the consumption is predicted to decline annually: 0.96kg in 2024, 0.94kg in 2025, 0.91kg in 2026, 0.88kg in 2027, and 0.86kg in 2028. This represents a year-on-year variation of approximately -4% for 2024, -2.1% for 2025, -3.2% for 2026, -3.3% for 2027, and -2.3% for 2028 when compared to the previous year. The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is around -2.95%, indicating a steady decrease over the forecast period.
Future trends to watch for include shifts in consumer preferences towards fresher and alternative protein sources, policy changes impacting the meat industry, and advancements in food technology that may bring new products into the market. Monitoring these trends will be crucial for anticipating further changes in the frozen bovine meat market.
