The Denmark dairy food market is suggested to have reached a value of over DKK 18 billion by the beginning of 2007, and is estimated to have hit a valuation of over DKK 20 million in 2012. From here the industry is predicted to reach a total in 2017 of around DKK 22.5 billion.
Between 2007 and 2012 the Denmark dairy food market grew at a CAGR of 1.85%, and is predicted to increase to a CAGR of 2.32% for the forecast period of 2012 and 2017. In terms of categories, 'Milk is the leader, with second largest category 'Cheese' close behind. Despite this, the fastest growing category in Denmark's dairy food market is forecast to be 'Yoghurt', which is predicted to grow at a CAGR of 3.24% during the forecast period.
For more information on the Denmark dairy food market, please click here: Denmark dairy food market
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