The UK market for oil-cake resulting from the extraction of soya-bean oil exhibited varied performance from 2013 to 2023. In 2023, the market size stood at 1.0511 billion Euros. The market saw fluctuations over the years, with significant growth in early years offset by declines, particularly in 2017. The last two years experienced slight contractions with year-on-year changes of approximately -0.21%. Over the past five years, the market had a very low compound annual growth rate (CAGR) near zero, indicating a near stagnation.
Looking forward, key trends to watch include the impact of sustainability initiatives influencing demand for animal feed, advances in extraction and processing technology, and shifts in the global agricultural landscape impacting supply chains and pricing. Additionally, changes in consumer preferences towards plant-based products may create further pressure or opportunities within the market.
| # | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,433,600,000 | 2023 | -0.9% | -0.098% | View data |
| 2 | 2 Italy | 1,118,700,000 | 2023 | -1.97% | -2.03% | View data |
| 3 | 3 United Kingdom | 1,051,100,000 | 2023 | -0.21% | -0.042% | |
| 4 | 4 Spain | 1,047,300,000 | 2023 | -1.11% | +1.62% | View data |
| 5 | 5 Denmark | 912,720,000 | 2023 | +1.25% | +1.37% | View data |
