In 2023, Germany and the Netherlands led European production of margarine and reduced and low-fat spreads, with values of 233.8 and 231.15 million Euros, respectively. Over the last two years, notable changes included a significant increase in Sweden's production by 22.11% and a major decline in Greece, down by 11.99%. Countries like Belgium, Finland, and Serbia showed modest positive growth, while Germany and France experienced notable decreases of 5.68% and 5.93%, respectively. The United Kingdom and Spain remained relatively stable with slight declines.
Looking to the future, expect technological advancements and shifting consumer preferences towards healthier, lower-fat options to influence production trends. Environmental sustainability and innovation in plant-based alternatives could drive market dynamics, potentially leading to growth in countries emphasizing these areas.
Top countries in Sold Production of Margarine and Reduced and Low Fat Spreads by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 233,800,000 | 2023 | -12.03% | -5.68% | View data |
| 2 | 2 Netherlands | 231,150,000 | 2023 | -4.34% | -0.39% | View data |
| 3 | 3 Belgium | 187,540,000 | 2023 | -1.5% | +0.71% | View data |
| 4 | 4 Italy | 155,370,000 | 2023 | +3.46% | -0.0023% | View data |
| 5 | 5 France | 150,380,000 | 2023 | -6.13% | -5.93% | View data |
| 6 | 6 Spain | 92,881,000 | 2023 | +9.97% | -0.15% | View data |
| 7 | 7 Sweden | 74,923,000 | 2023 | +4.04% | +22.11% | View data |
| 8 | 8 United Kingdom | 68,302,000 | 2023 | -0.51% | -0.16% | View data |
| 9 | 9 Denmark | 53,683,000 | 2023 | -1.76% | -1.26% | View data |
| 10 | 10 Finland | 41,991,000 | 2023 | +2.91% | +4.82% | View data |
