The Margarine and Low Fat Spreads market in Sweden has shown considerable fluctuations over the years, with a general downward trend in volume from 2012 to 2022. Starting at 61.946 million kilograms in 2012, the market saw a decline to 47.195 million kilograms by 2022. The market experienced the most significant drops in 2014 and 2015, with year-on-year decreases of 11.72% and 7.7%, respectively. However, there were also years of slight recovery, notably in 2016 with an 8.18% increase and in 2020 with a marginal 0.69% rise. The last five years have shown an average annual decrease (CAGR) of about -1.47%.
Recent trends indicate modest declines in volume, evidenced by a -2.47% drop in 2021 and -1.57% in 2022. This suggests a somewhat stabilizing but not completely recovering market. In 2023, the volume stood close to the preceding year's value.
Future trends to watch include changing consumer preferences toward healthier and more natural food options, potential innovation in product formulation to meet health demands, and how economic factors may influence consumer purchasing power and preferences.
How does Sweden rank in Margarine and Low Fat Spreads Market Size Volume?
| # | 12 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 250,940,000 | 2023 | -4.85% | -4.17% | View data |
| 2 | 2 Italy | 107,240,000 | 2023 | -1.56% | -1.65% | View data |
| 3 | 3 France | 100,990,000 | 2023 | -4.79% | -4.28% | View data |
| 4 | 4 Netherlands | 78,031,000 | 2023 | -4.18% | -3.67% | View data |
| 5 | 5 Belgium | 54,993,000 | 2023 | -2.09% | -1.03% | View data |
| 6 | 6 Hungary | 48,845,000 | 2023 | -0.1% | -0.8% | View data |
| 7 | 7 Sweden | 41,806,000 | 2023 | -3.49% | -2.92% | |
| 8 | 8 Romania | 41,109,000 | 2023 | -1.6% | -1.34% | View data |
| 9 | 9 Finland | 25,748,000 | 2023 | -0.73% | +0.069% | View data |
