At the start of the forecast period, plant-based dairy will benefit from the price parity with dairy products. Moreover, the price volatility and uncertainty seen in 2023 is expected to reduce from 2024, amid economic improvements, which will positively impact purchasing power.
Sustainability is a long-term priority for government and businesses in Denmark and this focus will drive the development of plant-based food over the forecast period. The government has introduced various initiatives to change the daily eating habits of consumers and help companies to make the green transition.
The forecast period is expected to see sales of plant-based cheese increase very strongly, with double-digit CAGRs expected in both retail volume and value terms. Plant-based cheese is seen as having particularly strong growth potential due to currently low levels of saturation and potentially very high demand as the interest of consumers expands to cover a wider variety of plant-based dairy categories.
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Understand the latest market trends and future growth opportunities for the Plant-based Dairy industry in Denmark with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Plant-based Dairy industry in Denmark, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Plant-based Dairy
This is the aggregation of plant-based milk, plant-based yoghurt and plant-based cheese. Please note that plant-based dairy products that are not milk, yoghurt or cheese are tracked under their core dairy categories (e.g. powder milk, margarine and spreads, coffee whiteners etc.)
See All of Our DefinitionsThis report originates from Passport, our Plant-based Dairy research and analysis database.
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