Analyzing the sold production of margarine and similar edible fats in the Netherlands from 2013 through 2023, the market has experienced fluctuations with significant peaks and troughs. In 2014, there was a notable surge of 75.46% in production compared to the previous year. However, this was followed by a sharp decline of 44.78% in 2015. From 2016 onwards, the market began stabilizing, although annual variations continued to occur, such as the decrease of 5.61% in 2020 and a slight decline of 0.96% in 2023, when the production stood at 441.97 million kilograms.
Over the last five years, from 2019 to 2023, the market has shown a compound annual growth rate (CAGR) of -0.34%. The forecasted data from 2024 to 2028 indicates a continuation of this downward trend with a forecasted 5-year CAGR of -0.77% and an overall decline in production by 3.79% by 2028.
Future trends to watch for include:
- Potential shifts towards healthier or alternative fats impacting traditional margarine sales.
- Market response to regulatory changes or health guidelines related to trans fats.
- Consumer trends favoring plant-based or organically-produced fats and oils.
