The forecasted turnover for margarine and similar edible fats in Belgium for the years 2024 to 2028 shows a decreasing trend. In 2024, the value stands at 342.5 million Euros, decreasing to 334.7 million Euros in 2025, 327.2 million Euros in 2026, 319.7 million Euros in 2027, and 312.5 million Euros in 2028. Comparing year-on-year variations, we observe a consistent decline: -2.3% from 2024 to 2025, -2.2% from 2025 to 2026, -2.3% from 2026 to 2027, and -2.3% from 2027 to 2028.
Considering trends over a longer period, the average yearly decline (CAGR) from 2023 to 2028 is around -2.3%. This downward trend highlights a shrinking market for margarine and similar edible fats.
Future trends to watch for include consumer shifts towards healthier alternatives and sustainable products, which may continue to impact market demand negatively. Additionally, regulatory changes and market innovations could also influence this sector.
