Based on the provided data, the forecasted demand for raw sugar equivalent in the Netherlands is as follows (units in Thousand Metric Tons):
- 2024: 575.0
- 2025: 554.0 (-3.65%)
- 2026: 534.0 (-3.61%)
- 2027: 514.0 (-3.75%)
- 2028: 494.0 (-3.89%)
The Compound Annual Growth Rate (CAGR) over this period is approximately -3.32%, indicating a steady decline in demand.
Future Trends to Watch
Future trends to monitor include potential shifts towards alternative sweeteners, changes in consumer preferences, stricter health regulations, and sustainability trends affecting sugar consumption. These factors could accelerate or decelerate the projected decline in raw sugar demand.
