The Margarine and Low Fat Spreads market in Sweden has experienced a consistent decline in volume per capita from 2013 to 2023. Starting at 6.28 kilograms per capita in 2013, it decreased to 4.31 kilograms per capita by 2023. Over the last two years, the year-on-year decline was around 2.2%. The five-year compound annual growth rate (CAGR) from 2018 to 2023 was approximately -2.0%, indicating a steady reduction in consumption.
Looking ahead, the following trends should be watched:
- Health and wellness trends encouraging the switch to healthier fats could continue to impact margarine demand negatively.
- Innovations in low-fat and plant-based spreads might attract health-conscious consumers.
- Environmental sustainability concerns may lead to shifts in consumer preferences away from margarine.