In 2023, Germany and the Netherlands led the European market in margarine and reduced fat spreads, despite Germany's notable drop of over 5% since last year. Sweden experienced significant growth at over 22%, while France and Romania saw declines, with France down nearly 6%. Western European countries dominate the market, but Eastern European nations, though smaller, vary in growth, with Bulgaria showing a slight increase and Croatia facing a downturn.
Looking forward, watch for shifts towards healthier and plant-based formulations, which may influence production distribution across both traditional and emerging markets. Environmental and dietary trends might alter consumer preferences across Europe.
Top countries in Sold Production of Margarine and Reduced and Low Fat Spreads Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16.93 | 2023 | -12.03% | -5.68% | View data |
| 2 | 2 Netherlands | 16.74 | 2023 | -4.34% | -0.39% | View data |
| 3 | 3 Belgium | 13.58 | 2023 | -1.5% | +0.71% | View data |
| 4 | 4 Italy | 11.25 | 2023 | +3.46% | -0.0023% | View data |
| 5 | 5 France | 10.89 | 2023 | -6.13% | -5.93% | View data |
| 6 | 6 Spain | 6.73 | 2023 | +9.97% | -0.15% | View data |
| 7 | 7 Sweden | 5.43 | 2023 | +4.04% | +22.11% | View data |
| 8 | 8 United Kingdom | 4.95 | 2023 | -0.51% | -0.16% | View data |
| 9 | 9 Denmark | 3.89 | 2023 | -1.76% | -1.26% | View data |
| 10 | 10 Finland | 3.04 | 2023 | +2.91% | +4.82% | View data |