The margarine market in Italy has experienced fluctuating trends over the past decade. Between 2012 and 2014, the market showed growth with a peak in 2014 at 166.26 million kg. However, from 2015 onwards, the market has seen a steady decline, reaching 129.47 million kg in 2022. The year-on-year changes highlight significant variations, with noticeable year-on-year declines observed especially from 2016 onwards. The last two years show marginal declines of 0.74% and 1.77%, respectively. Over the past five years, the market has been contracting with a compounded annual growth rate (CAGR) of -2.38%.
Future trends to watch for:
- Consumer preference shifts towards healthier alternatives.
- Potential growth in plant-based margarine products.
- Impact of economic factors and consumer spending on market recovery.
- Technological advancements and innovation in product formulations.
How does Italy rank in Margarine Market Size Volume?
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 328,310,000 | 2023 | +1.93% | +3.12% | View data |
| 2 | 2 Germany | 294,410,000 | 2023 | -4.05% | -4.65% | View data |
| 3 | 3 France | 201,770,000 | 2023 | -4.31% | -5.16% | View data |
| 4 | 4 Italy | 129,300,000 | 2023 | -0.95% | -1.18% | |
| 5 | 5 Hungary | 63,221,000 | 2023 | +0.49% | +0.5% | View data |
| 6 | 6 Romania | 58,468,000 | 2023 | +1.08% | -3.49% | View data |
