Dairy food market of Denmark constitutes various products such as cheese, butter, yoghurt, milk powder, cream and others. A majority of production in dairy food market is accounted by cheese category, as Denmark is one of the leading cheese manufacturer and one of the largest exporters of cheese in European Union.
Although, cheese segment has witnessed a decline in market share in 2008, the deterioration has been observed in terms of contribution to production as well as revenues. Despite this, cheese segment continued to dominate the overall dairy food market of Denmark over the period of 2008-2013.
Food industry, so far has been subjected to various government regulations in majority of the countries across the globe. The dairy food market in Denmark is an instance of this scenario which has been oppressed by several government regulations during last few years. The major government regulation comes in the form of imposition of milk quota in 1984 by Danish Government, with a view to limit public expenditures, to control milk production and to even out the volatility in milk prices. They were initially imposed with a view to phase out fluctuations in milk prices and were to last till 1989, but they have been extended several times and it has been expected to endure until 2015.
However, there are certain growth drivers which are driving the growth of the market, and are expected to continue in the future. Weather is an important factor which affects the food market. In 2013, there was a reduction in feed prices due to wet winter which has propelled the growth of the industry. Moreover, the lower production costs stemming from the continuing trend of increasing non-livestock usage of grain will also provide marketing tools in terms of a green image and the preserve the naturalness of dairy products produced.
“While rising disposable incomes, boom in infant population and an increase in the preferences will result in increased spending on dairy food products in the Denmark, volatility in global dairy food product prices and milk prices are few of the major challenges which would affect the growth of this industry in the future”, According to the Research Analyst, Ken Research.
The report titled “Denmark Dairy Food Market Outlook to 2018” provides a comprehensive analysis of the milk and dairy food products in Denmark. The report also covers various aspects such as market size of Denmark dairy food market, segmentation on the basis of cheese, butter, cream, yoghurt, milk powder, whey powder and butter milk and volume of exports and imports for dairy products. The report is useful for dairy products manufacturers, wholesalers of food and beverages, retail chains, dairy products machinery manufacturers and new players venturing in the market.