From 2013 to 2023, Greece's fruit spreads market experienced a general decline, starting at 57.399 million Euros and reaching 35.864 million Euros. The market contracted significantly in 2015, losing 22.38% year-on-year, and continued its downward movement with slight fluctuations, illustrated by year-on-year decreases since 2016. In the last five years, the compound annual growth rate (CAGR) was -2.26%, indicating consistent shrinkage.
Future trends to watch for include:
- Potential shifts in consumer preferences for healthier or organic spreads may stimulate renewed interest.
- Product innovation and variety could help stabilize or reverse the declining trend.
- Exploration of export markets could mitigate domestic decreases.
How does Greece rank in Fruit Spreads Market Size Value?
| # | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 565,830,000 | 2023 | -0.27% | -0.79% | View data |
| 2 | 2 Spain | 410,120,000 | 2023 | +3.39% | +1.02% | View data |
| 3 | 3 Italy | 382,610,000 | 2023 | +1.49% | +3.66% | View data |
| 4 | 4 Poland | 221,870,000 | 2023 | +0.27% | -0.072% | View data |
| 5 | 5 Belgium | 183,550,000 | 2023 | -0.13% | -0.64% | View data |
| 9 | 9 Portugal | 50,887,000 | 2023 | +3.53% | +2.84% | View data |
| 10 | 10 Hungary | 38,965,000 | 2023 | -0.16% | +0.72% | View data |
| 11 | 11 Greece | 35,864,000 | 2023 | -2.1% | -2.26% | |
| 12 | 12 Romania | 34,713,000 | 2023 | +0.61% | +5.82% | View data |
| 13 | 13 Croatia | 23,920,000 | 2023 | +2.12% | +1.6% | View data |
