The margarine market size in the Netherlands has experienced a consistent decline from 2012 to 2022, with the market value decreasing each year. From 2012 to 2022, the market value dropped from 480.06 million Euros to 349.88 million Euros. The year-on-year variation has mostly been negative, indicating a downward trend, with notable declines observed in the early years such as -7.83% in 2012 and -6.18% in 2018. The Compound Annual Growth Rate (CAGR) over recent years has also been negative, showing an average decline of -1.98% per year over the last five years. Despite slight positive growth in 2019 and 2020, the overall trend remains downward.
Future trends to watch for include potential market stabilization or adaptation due to innovations in product development and health-conscious consumer behavior. Shifts towards plant-based diets and the increasing demand for functional foods could also offer new growth opportunities. Moreover, sustainability practices in production and packaging might attract more eco-conscious consumers, influencing market dynamics positively.
How does the Netherlands rank in Margarine Market Size Value?
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 605,400,000 | 2023 | -1.07% | -3.8% | View data |
| 2 | 2 Germany | 401,480,000 | 2023 | -10.56% | -8.74% | View data |
| 3 | 3 Netherlands | 302,850,000 | 2023 | -5% | -3.54% | |
| 4 | 4 Italy | 262,370,000 | 2023 | -0.28% | +0.89% | View data |
| 5 | 5 Denmark | 95,850,000 | 2023 | -0.92% | -1.24% | View data |