The margarine market size volume per capita in Germany has shown a declining trend from 2012 to 2022. Starting from 5.49 kg per capita in 2012, the consumption peaked at 6.53 kg in 2014 before beginning a steady decline, reaching 3.79 kg per capita in 2022. This represents a significant decrease over the last decade.
Year-on-year variation for 2021 to 2022 indicates a decrease of 3.32%, while the year-on-year decrease from 2022 to 2023 is estimated to be slightly lower. The compound annual growth rate (CAGR) over the last five years (2018-2022) averages at a -4.10%, highlighting a consistent annual decline in margarine consumption.
Future trends to watch for include possible stabilization in the rate of decline as consumer preferences might shift towards healthier or plant-based alternatives, potentially influencing the market dynamics. Additionally, any innovations in product formulations or marketing strategies could positively affect consumption patterns in the coming years.
How does Germany rank in Margarine Market Size Volume Per Capita?
| # | 10 Countries | Kilograms Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 8.82 | 2023 | View data | ||
| 2 | 2 Finland | 6.96 | 2023 | View data | ||
| 3 | 3 Hungary | 6.51 | 2023 | View data | ||
| 4 | 4 United Kingdom | 4.86 | 2023 | View data | ||
| 5 | 5 Germany | 3.69 | 2023 | |||
| 6 | 6 Croatia | 3.68 | 2023 | View data | ||
| 7 | 7 Lithuania | 3.03 | 2023 | View data | ||
