The margarine market size by volume in Germany has shown a steady decline over the years. In 2023, the market stood at 294.41 million kilograms. Between 2013 and 2023, the volume showed fluctuations, peaking in 2014 with a 7.81% year-on-year increase and declining thereon. Particularly notable were the rapid declines in 2017 and 2018. More recently, the market experienced a decrease, demonstrated by a -4.05% year-on-year change from 2022 to 2023 and an average annual decrease (CAGR) of -4.65% over the past five years.
Future trends show further contraction with a forecasted 3.67% annual decrease (CAGR) from 2024 to 2028, resulting in a 17.03% reduction over this period. Key trends to watch for include changes in consumer preferences, potential health concerns, and market innovations that may impact product demand and consumption behaviors significantly.
