The market size volume per capita for rendered lard and other pig fat in Lithuania has shown a consistent decline from 2013 to 2023. In 2023, the consumption stood at 0.24 kilograms per capita. The percentage variation over the last two years shows a decreasing trend with the consumption dropping by 7.14% from 2022 to 2023. The compound annual growth rate (CAGR) over the last five years indicates an average yearly decrease of approximately 3.95%.
Future trends to watch for include potential market stabilization or further decline as consumer preferences may shift towards healthier or alternative cooking fats, impacting the demand for traditional lard-based products. Monitoring changes in dietary trends and potential regulatory changes could provide insights into the future trajectory of this market.
