Dairy Spread Market Overview in Germany
In value terms, dairy spread production skyrocketed to $ in 2019 estimated in export prices. Over the period under review, production saw a buoyant increase. The pace of growth was the most pronounced in 2017 when the production volume increased by % y-o-y. Dairy spread production peaked in 2019 and is expected to retain growth in years to come.
The revenue of the dairy spread market in Germany soared to $ in 2019, with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a tangible increase. The pace of growth appeared the most rapid in 2017 with an increase of % against the previous year. Over the period under review, the market hit record highs in 2019 and is likely to continue growth in the immediate term.