The forecast for short margarine production in France from 2024 to 2028 shows a significant declining trend. In 2023, the production stood at 21.5 thousand metric tons. Based on the forecasted data, the production is expected to decrease year-on-year, with a notable drop from 17.82 thousand metric tons in 2024 to 3.89 thousand metric tons in 2028. The year-over-year percentage variation highlights a consistent decline:
- 2024 to 2025: -20.2%
- 2025 to 2026: -24.7%
- 2026 to 2027: -32.1%
- 2027 to 2028: -46.5%
The Compound Annual Growth Rate (CAGR) over the last five years marks an average annual decrease of approximately -23.4%.
Future trends to watch for:
- Market pressures due to health trends and preferences shifting away from margarine consumption.
- Potential regulatory changes or economic factors within France impacting production levels.
- Innovation in alternative spreads that could further reduce traditional short margarine demand.
