From 2013 to 2023, Croatia's oil-cake market from sunflower seed fats or oils exhibited a steady growth in per capita consumption, rising from 12.58 to 19.27 kilograms. There was a slight decline in 2016 but a rebound shortly thereafter. Remarkably, between 2022 and 2023, the market grew by 1.91%. Over the past five years, the compound annual growth rate was approximately 2.05%.
Future trends to watch for include global price fluctuations of sunflower seeds, changes in agricultural policies, and potential shifts in consumer preferences towards plant-based products. Innovations in agriculture and extraction technology could also influence market dynamics.
