The UK Butter and Dairy Spreads Market Value Per Capita observed a downward trend from 2013 to 2023, declining from €18.47 to €15.8. The year-on-year analysis indicates a continuous decrease in values, with variations in 2022 and 2023 being -1.32% and -1.31%, respectively. Calculating the compound annual growth rate (CAGR) over the last five years shows an annual decline of approximately -0.51%. By 2023, the market stood at €15.8 per capita, illustrating a steady decrease in consumer spending on these products over time.
Future trends to watch include potential shifts in consumer preferences towards healthier spreads, the impact of inflation on purchasing power, and potential new market entrants offering competitive alternatives. Environmental and ethical considerations, including sustainable production and packaging, could also influence market dynamics in the coming years.
How does the United Kingdom rank in Butter and Dairy Spreads Market Size Value Per Capita?
| # | 16 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 60.31 | 2023 | View data | ||
| 2 | 2 Austria | 42.3 | 2023 | View data | ||
| 3 | 3 Lithuania | 39.9 | 2023 | View data | ||
| 4 | 4 Czech Republic | 35.45 | 2023 | View data | ||
| 5 | 5 Slovakia | 32.08 | 2023 | View data | ||
| 10 | 10 Croatia | 21.96 | 2023 | View data | ||
| 11 | 11 Portugal | 16.58 | 2023 | View data | ||
| 12 | 12 United Kingdom | 15.8 | 2023 | |||
| 13 | 13 Romania | 12.17 | 2023 | View data | ||
| 14 | 14 Hungary | 10.91 | 2023 | View data | ||
