In 2023, the European sold production of margarine and similar edible fats displays notable variations among countries. The Netherlands holds the largest share at 23.65%, followed by Belgium at 20.35%, and Germany at 14.43%. Conversely, smaller shares are observed in countries like Bulgaria (0.34%) and Lithuania (0.41%). Sweden showed the most significant growth year-on-year with a 22.49% increase, while Greece experienced a notable decline of -11.99%. Over the past five years, Denmark and Finland have exhibited stable growth, with Serbia showing a moderate but steady increase. In contrast, countries like Romania and Greece have faced declines in their production value.
Looking ahead, the European margarine market will likely witness shifts due to increasing health consciousness among consumers. Key trends to watch include the rise in demand for plant-based and healthier fat alternatives, advancements in production technologies, and fluctuations in raw material prices influenced by global economic conditions. Sustainability and environmental considerations will also play a crucial role in shaping future market dynamics.
Top countries in Sold Production of Margarine and Similar Edible Fats Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 23.65 | 2023 | -0.33% | +1.34% | View data |
| 2 | 2 Belgium | 20.35 | 2023 | +1.4% | +0.83% | View data |
| 3 | 3 Germany | 14.43 | 2023 | -0.86% | -0.22% | View data |
| 4 | 4 United Kingdom | 10.39 | 2023 | +0.83% | +0.33% | View data |
| 5 | 5 Italy | 6.43 | 2023 | +3.05% | +0.47% | View data |
| 6 | 6 France | 5.39 | 2023 | -6.13% | -5.93% | View data |
| 7 | 7 Spain | 3.83 | 2023 | +8.6% | +0.63% | View data |
| 8 | 8 Denmark | 3.82 | 2023 | +2.27% | +5.26% | View data |
| 9 | 9 Austria | 3.3 | 2023 | +6.56% | +1.69% | View data |
| 10 | 10 Sweden | 2.73 | 2023 | +9.65% | +22.49% | View data |
