The Danish ice cream market has experienced fluctuations from 2012 to 2022, with the market size reaching 179.1 million Euros in 2022. From 2012 to 2017, the market saw periods of decline and modest growth, with negative growth rates present in multiple years. However, a significant surge in 2018, a 16% increase, marked a turnaround. This was followed by fluctuations but generally positive growth from 2019 to 2022, despite a notable dip in 2019.
Over the last two years, the growth has stabilized with a slight upward trend, showing a 0.5% increase in 2021 and a 0.49% increase in 2022. The Compound Annual Growth Rate (CAGR) over the past five years stands at 1.99%, indicating a stable but modest growth trajectory for the market.
Other trends to watch for in the future include increasing consumer demand for premium and artisanal ice cream, the rising popularity of plant-based and health-oriented products, and potential impacts of climate change on ingredient supply chains, which could influence market dynamics significantly. As of 2024, the market size value needs to be assessed accurately with recent forecasted data to provide a current analysis.
How does Denmark rank in Ice Cream Market Size Value?
| # | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,378,000,000 | 2023 | +0.41% | -2.55% | View data |
| 2 | 2 France | 1,321,400,000 | 2023 | +0.38% | +0.31% | View data |
| 3 | 3 Spain | 1,069,700,000 | 2023 | +0.16% | +1.11% | View data |
| 4 | 4 Poland | 448,960,000 | 2023 | +2.04% | +2.47% | View data |
| 5 | 5 Netherlands | 316,270,000 | 2023 | +3.31% | +0.5% | View data |
| 8 | 8 Finland | 215,500,000 | 2023 | -0.38% | -1.05% | View data |
| 9 | 9 Greece | 186,820,000 | 2023 | -1.96% | -1.65% | View data |
| 10 | 10 Denmark | 179,950,000 | 2023 | +0.48% | -0.9% | |
| 11 | 11 Czech Republic | 142,850,000 | 2023 | +2.11% | +1.12% | View data |
| 12 | 12 Austria | 131,270,000 | 2023 | +2.35% | -0.61% | View data |
