The fresh bovine meat market in Denmark has shown varied trends over the past decade. From 2013 to 2016, the market saw a steady increase in volume, reaching its peak in 2016. However, from 2017 onwards, the market began to decline, with a significant drop observed after 2018. As of 2023, the market stood at 146.78 million kilograms. Over the last two years, the year-on-year variations have been -4.72% and -4.9% respectively, with a CAGR of -5.27% over the last five years.
Future trends to watch for include the forecasted continued decline, with a projected 5-year CAGR of -4.6% and a total drop of 20.98% by 2028. Factors such as changing consumer preferences, potential economic conditions, and shifts in global meat demand may further influence the market trajectory.
