Analyzing the trend in the Netherlands' rendered lard and other pig fat market from 2013 to 2023 shows a clear declining pattern from 7.66 kilograms per capita in 2013 to 4.44 kilograms per capita in 2023. Over the last two years, the year-on-year decline stood at approximately 6.1% in 2022 and 6.5% in 2023. The compound annual growth rate (CAGR) over the last five years indicates an average yearly decrease of approximately 4.4%. These data suggest a consistent downward trend in consumption.
Future trends to watch for include:
- Potential shifts towards plant-based diets reducing lard consumption further.
- Possible increases in demand for healthier and more sustainable fat alternatives.
- Regulatory changes surrounding pig fat usage impacting market dynamics.