The Margarine and Low Fat Spreads market volume in Croatia has shown a consistent decline from 2013 to 2023, reaching 7.2904 million kilograms in 2023. Over the last decade, the market observed a general downward trend, with a brief uptick in 2018. The year-on-year variation over the last two years shows a decrease, highlighting a challenging market environment with -8.85% in 2021 and -5.85% in 2023. The compound annual growth rate over the past five years stands at -5.66%, indicating a persistent decline.
Future trends to watch for include:
- Potential shifts towards healthier alternatives as consumer preferences evolve.
- Impact of economic conditions and inflation on consumer purchasing power.
- Growth in demand for plant-based spreads as part of a broader dietary shift.
- Regulatory changes impacting product formulation and marketing.
How does Croatia rank in Margarine and Low Fat Spreads Market Size Volume?
| # | 12 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 250,940,000 | 2023 | -4.85% | -4.17% | View data |
| 2 | 2 Italy | 107,240,000 | 2023 | -1.56% | -1.65% | View data |
| 3 | 3 France | 100,990,000 | 2023 | -4.79% | -4.28% | View data |
| 4 | 4 Netherlands | 78,031,000 | 2023 | -4.18% | -3.67% | View data |
| 5 | 5 Belgium | 54,993,000 | 2023 | -2.09% | -1.03% | View data |
| 9 | 9 Finland | 25,748,000 | 2023 | -0.73% | +0.069% | View data |
| 10 | 10 Denmark | 22,108,000 | 2023 | -5.3% | -3.67% | View data |
| 11 | 11 Croatia | 7,290,400 | 2023 | -5.85% | -5.66% | |
| 12 | 12 Lithuania | 5,819,700 | 2023 | -7.29% | -5.47% | View data |