The margarine market in the Netherlands has experienced a consistent decline over the last decade, beginning with a market value of €470.22 million in 2013, dwindling to €302.85 million in 2023. This represents a compound annual growth rate (CAGR) of -3.54% over the last five years. Year-on-year variations indicate a persistent negative trend, with sharper declines in recent years, particularly a -11.55% drop from 2021 to 2022 and -5% from 2022 to 2023.
Looking ahead, the forecast suggests a continued decreasing trend, with the market value expected to reach €225.58 million by 2028, translating to a CAGR of -4.71% over the next five years. This indicates further contraction by 21.42% in market size from 2023 to 2028.
Key future trends to watch include shifts in consumer preferences towards healthier and more sustainable fats, potential regulatory changes, and innovations in plant-based alternatives. Additionally, market dynamics may be influenced by broader economic conditions and commodity price fluctuations.