The Danish oil-cake of vegetable fats or oils market in 2023 reached a size of 1.2741 billion euros, marking a steady increase. Over the last two years, the market observed a year-on-year growth of 2.38% in 2022 and 2.33% in 2023. The compound annual growth rate (CAGR) over the last five years stood at 2.56%, indicating moderate growth. This suggests a recovering demand after previous fluctuations.
Future trends to consider include increasing demand for plant-based products and a shift towards sustainable food production. Monitoring technological advancements in oil extraction and changes in EU agricultural policies will also be crucial.
How does Denmark rank in Oil-Cake of Vegetable Fats or Oils Market Size Value?
| # | 17 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 3,111,800,000 | 2023 | +1.39% | +2.31% | View data |
| 2 | 2 Poland | 1,713,500,000 | 2023 | +2.4% | +1.51% | View data |
| 3 | 3 Italy | 1,701,500,000 | 2023 | -0.42% | -0.058% | View data |
| 4 | 4 Spain | 1,650,100,000 | 2023 | +1.17% | +1.89% | View data |
| 5 | 5 Denmark | 1,274,100,000 | 2023 | +2.33% | +2.56% | |
| 6 | 6 United Kingdom | 1,263,500,000 | 2023 | -0.8% | +0.55% | View data |
| 7 | 7 Germany | 846,420,000 | 2023 | -4.16% | -4.16% | View data |
