In 2023, the European market for oil-cake from the extraction of vegetable fats and oils saw Spain leading with 217.11 million Euros, followed by Belgium and France at 73.401 million Euros and 72.128 million Euros, respectively. Lesser markets included Slovenia at 1.8416 million Euros and Croatia at 0.333 million Euros. Year-on-year variation showed Spain growing by 0.89%, while Belgium and France contracted by 0.58% and 1.39%, respectively. Slovenia and Croatia experienced growth, with Slovenia at 1.67% and Croatia at 1.27%.
Future trends to watch in the European oil-cake market include regional shifts due to policy changes regarding sustainable extraction practices and dietary shifts towards plant-based consumption, potentially influencing market dynamics and country dominance. Emerging innovations in extraction technology might further alter market landscapes, providing growth in both volume and value across different regions.
Top countries in Oil-Cake from Extraction of Vegetable Fats and Oils Market Size Value by Country
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 217,110,000 | 2023 | +1.95% | +0.89% | View data |
| 2 | 2 Belgium | 73,401,000 | 2023 | -1.69% | -0.58% | View data |
| 3 | 3 France | 72,128,000 | 2023 | -1.29% | -1.39% | View data |
| 4 | 4 Slovenia | 1,841,600 | 2023 | +6.56% | +1.67% | View data |
| 5 | 5 Croatia | 333,000 | 2023 | +0.42% | +1.27% | View data |
