Since 2013, the number of processors of organic dairy products in Spain has shown a general upward trend, progressing from 122 units to 234 units by 2023. This represents sustained growth, despite notable fluctuations. Key insights include spikes in growth during 2015 and 2019, each with year-on-year increases of over 16%. Conversely, 2020 and 2022 saw slight declines. The Compound Annual Growth Rate (CAGR) from 2017-2023 stood at 5.98%, illustrating a steady increase.
Looking ahead, the forecast suggests continued growth, projecting an increase to 289 units by 2028, which reflects a forecasted 5-year CAGR of 3.36% and a total 5-year growth rate of 17.96%. This consistent expansion underscores a healthy market trajectory.
Future trends to watch for include:
- Technological innovations in organic dairy processing.
- Potential regulatory impacts on organic certification standards.
- Shifts in consumer preferences towards organic products.
