The Refined Maize Oil market in Greece has experienced a moderate downward trend in the last decade, with per capita consumption decreasing from 2.35 kilograms in 2013 to 1.83 kilograms in 2023. Over the last two years, the year-on-year decrease averaged around 0.5%, while from 2019 to 2023, the compound annual growth rate (CAGR) shows a reduction of approximately 1.1% per year.
Looking to the future, the following trends can be anticipated:
- Continued interest in healthier oil alternatives may further affect maize oil consumption.
- Potential shifts in dietary habits influenced by health and wellness trends.
- Economic factors impacting consumer behavior and spending on food essentials.