In 2023, Spain led the European oil-cake market by volume, followed closely by France. Germany and Italy also represented significant portions, while smaller markets included Romania, Austria, and Greece, which showed considerable declines. Notably, the United Kingdom and Denmark showed positive year-on-year growth, suggesting rising demand. Belgium and Finland experienced mild contractions, whereas Slovenia and Lithuania faced sharper declines. The compound annual growth rate indicates overall modest growth across the key players over the last five years.
Future Trends to Watch:
- Increasing interest in sustainable agriculture may boost demand in countries with growing eco-conscious consumer bases.
- Forecasts suggest significant potential for expansion in Eastern Europe if economic conditions improve.
- Market dynamics could shift with evolving trade policies and environmental regulations in the European Union.
- Technological advancements in processing could enhance efficiency and market competitiveness.
Top countries in Oil-Cake of Vegetable Fats or Oils Market Size Volume Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 20.62 | 2023 | +2.06% | -0.75% | View data |
| 2 | 2 France | 19.97 | 2023 | +0.44% | +0.11% | View data |
| 3 | 3 Germany | 12.31 | 2023 | +1.57% | -0.17% | View data |
| 4 | 4 Italy | 10.94 | 2023 | -0.81% | -0.97% | View data |
| 5 | 5 Poland | 9.83 | 2023 | -0.2% | +0.7% | View data |
| 6 | 6 United Kingdom | 8.05 | 2023 | -0.92% | +1.53% | View data |
| 7 | 7 Denmark | 7.5 | 2023 | +1.39% | +0.82% | View data |
| 8 | 8 Romania | 1.98 | 2023 | +1.93% | -1.88% | View data |
| 9 | 9 Austria | 1.64 | 2023 | +0.11% | +0.78% | View data |
| 10 | 10 Greece | 1.58 | 2023 | +0.93% | +2.19% | View data |
