In 2023, the European margarine market saw the United Kingdom leading with a volume share of 27.59 kilograms, followed by Germany with 24.74 kilograms and France with 16.95 kilograms. Italy ranked fourth with 10.87 kilograms, while Hungary and Romania showed smaller consumption figures at 5.31 and 4.91 kilograms, respectively. Notably, year-on-year variations indicate a decline for Germany (-4.65%) and France (-5.16%), while the United Kingdom experienced a growth of 3.12%. Projected trends suggest a rising demand in regions currently with lower consumption like Finland and Croatia, influenced by health trends and a shift towards plant-based diets. As sustainability becomes more relevant, demand for eco-friendly margarine could prompt market shifts.
Top countries in Margarine Market Size Volume Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 27.59 | 2023 | +1.93% | +3.12% | View data |
| 2 | 2 Germany | 24.74 | 2023 | -4.05% | -4.65% | View data |
| 3 | 3 France | 16.95 | 2023 | -4.31% | -5.16% | View data |
| 4 | 4 Italy | 10.87 | 2023 | -0.95% | -1.18% | View data |
| 5 | 5 Hungary | 5.31 | 2023 | +0.49% | +0.5% | View data |
| 6 | 6 Romania | 4.91 | 2023 | +1.08% | -3.49% | View data |
| 7 | 7 Denmark | 4.37 | 2023 | -0.31% | +0.3% | View data |
| 8 | 8 Finland | 3.18 | 2023 | +1.77% | +0.65% | View data |
| 9 | 9 Croatia | 1.5 | 2023 | +2.59% | +0.73% | View data |
| 10 | 10 Lithuania | 0.58 | 2023 | -6.6% | -5.85% | View data |
