In 2023, the supply of soybean oil calories per capita in Germany stood at a lower value than the forecast for 2024, indicating a gradual increase in consumption. Forecasts from 2024 to 2028 show a consistent upward trend, with a year-on-year percentage increase hovering around 1-1.5%. Cumulatively, this results in a compound annual growth rate (CAGR) synonymous with stable consumption growth over these five years.
Future trends to watch for include:
- Potential shifts in dietary habits favoring plant-based oils.
- Impact of economic factors on food product demand.
- Environmental policies affecting oil production and consumption.
