The French margarine market has experienced significant fluctuations over the years. From 2012 to 2022, the market primarily displayed a downward trend, with some exceptions of minor recoveries. The year-on-year variations indicate a general decline, particularly notable in 2014, 2016, and 2019. The last five years have shown an average annual decline (CAGR) of -4.33%, reflecting a consistent decrease in market volume.
Key figures include:
- 2012: -2.82% year-on-year
- 2013: -0.008% year-on-year
- 2014: -4.28% year-on-year, -1.83% CAGR
- 2015: -2.16% year-on-year, -2.41% CAGR
- 2016: -11.92% year-on-year, -4.33% CAGR
- 2017: 6.86% year-on-year, -2.49% CAGR
- 2018: -0.42% year-on-year, -2.57% CAGR
- 2019: -20.11% year-on-year, -6.03% CAGR
- 2020: 7.75% year-on-year, -4.2% CAGR
- 2021: -3.86% year-on-year, -2.51% CAGR
- 2022: -2.73% year-on-year, -4.33% CAGR
Future trends to watch for include continued shifts in consumer preferences towards healthier and more natural food options, which may impact margarine's market trajectory. Additionally, innovations in product formulations and increased environmental consciousness around the use of plant-based oils could offer opportunities for market stabilization or growth.
How does France rank in Margarine Market Size Volume?
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 328,310,000 | 2023 | +1.93% | +3.12% | View data |
| 2 | 2 Germany | 294,410,000 | 2023 | -4.05% | -4.65% | View data |
| 3 | 3 France | 201,770,000 | 2023 | -4.31% | -5.16% | |
| 4 | 4 Italy | 129,300,000 | 2023 | -0.95% | -1.18% | View data |
| 5 | 5 Hungary | 63,221,000 | 2023 | +0.49% | +0.5% | View data |
