Overall, from 2013 to 2022, the market witnessed a decreasing trend in sold production of margarine and similar edible fats. From 2013 to 2022, values fell from 245.71 million Euros to 160.2 million Euros, exhibiting a mixture of declines and a notable drop in 2016 followed by a rebound in 2017. The year-on-year variations recently show a consistent decline, with a -6.13% drop predicted for 2023. Over the next five years (2024-2028), the CAGR is forecasted at -6.09%, indicating continued decreases in sold production, and a predicted 26.98% reduction by 2028.
Future trends to watch include the impact of health trends shifting consumers away from margarine, potential innovation within the sector, and competitive pressures from alternative fat products impacting market dynamics.
