The forecasted sold production values from 2024 to 2028 (in Million Kilograms) show a steady growth:
- 2024: 65.236
- 2025: 66.127 (1.37% YoY)
- 2026: 67.01 (1.33% YoY)
- 2027: 67.884 (1.30% YoY)
- 2028: 68.749 (1.27% YoY)
The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 1.32%.
As the market indicates gradual growth in the production of margarine and similar edible fats, factors such as shifts in consumer dietary preferences, advancements in food technology, and sustainability efforts will be key to watch. Innovations aimed at producing healthier and more environmentally friendly products may further influence market dynamics.
