In 2023, the wheat starch market size volume in Denmark stood at 1,108.34 Thousand Kilograms. Forecasted data for the upcoming years indicate a decreasing trend. Specifically, volumes are expected to be 987.24 in 2024, 857.85 in 2025, 729.76 in 2026, 602.95 in 2027, and 477.41 in 2028, all expressed in Thousand Kilograms.
The year-on-year variations are as follows:
- 2024: -10.93% (compared to 2023)
- 2025: -13.12% (compared to 2024)
- 2026: -14.94% (compared to 2025)
- 2027: -17.37% (compared to 2026)
- 2028: -20.81% (compared to 2027)
The Compound Annual Growth Rate (CAGR) over the forecasted period from 2024 to 2028 shows an average annual decrease of 17.43%.
Looking ahead, significant future trends to watch for include shifts in consumer demand towards alternative starch sources, potential regulatory changes affecting production, and the impact of climate on wheat cultivation. Sustainability practices and innovations in agricultural technology may also influence market dynamics.
