The processed milk market in Germany showed fluctuations over the past decade. In 2023, the market stood at 9.073 billion kilograms in volume. After a period of decline from 2013 to 2016, it saw a significant rebound in 2017 with a 13.93% increase. The market experienced moderate growth from 2018 to 2020, with a notable dip of 5.16% in 2021. The last two years showed positive growth, with a 4.2% increase in 2022 and a 0.65% increase in 2023. The 5-year CAGR leading up to 2023 was -0.97%, indicating a slight overall decline.
Forecast data from 2024 to 2028 indicate a steady increase, with a 5-year forecast CAGR of 0.49%, projecting a total growth rate of 2.48% by 2028.
- The market recovered from a downtrend from 2013 to 2016 and saw notable growth in 2017.
- Moderate growth was observed between 2018 and 2020, with a dip in 2021 and a recovery in the following years.
- Positive growth is forecast for the upcoming years with a stable increase.
Future trends to watch for include shifts in consumer preferences towards plant-based milk alternatives, sustainability initiatives in dairy farming, and innovations in dairy processing technologies, which may impact market dynamics significantly.
