Over the last two observations, the volume is forecast to significantly increase in all segments. Especially notable is the remarkably robust growth observed in the Butter segment as we approach the end of the forecast period. This value, reaching 10.5 thousand tons, stands out significantly compared to the average changes, which are estimated at three thousand tons.
Data provided by Statista Market Insights are estimates.
Definition:
The Oils and Fats market covers all substances that are composed of fatty acids and used for cooking purposes or as an ingredient in many food products. These fats and oils can be obtained from plants or animals and are available in both liquid (oils) and solid (fats) form.
Structure:
The market consists of four different submarkets:
The Butter market covers all products that are defined as a high-fat milk product and contain a minimum of 80% fat. Its other ingredients are water, protein, and lactose.
The Margarine market covers all products that are made of vegetable oils and contains a minimum of 80% fat.
The Edible Oils market covers any type of oil that is extracted from plants and is used for cooking and food preparation.
The Other Oils & Fats market covers lard and other edible animal fats.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.
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Statista Market Insights. (September 27, 2024). Volume in the Oils & Fats market for different segments United Kingdom from 2019 to 2029 (in million kilograms) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/forecasts/1444603/volume-oils-fats-market-for-different-segments-united-kingdom
Statista Market Insights. "Volume in the Oils & Fats market for different segments United Kingdom from 2019 to 2029 (in million kilograms)." Chart. September 27, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/forecasts/1444603/volume-oils-fats-market-for-different-segments-united-kingdom
Statista Market Insights. (2024). Volume in the Oils & Fats market for different segments United Kingdom from 2019 to 2029 (in million kilograms). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/forecasts/1444603/volume-oils-fats-market-for-different-segments-united-kingdom
Statista Market Insights. "Volume in The Oils & Fats Market for Different Segments United Kingdom from 2019 to 2029 (in Million Kilograms)." Statista, Statista Inc., 27 Sep 2024, https://www.statista.com/forecasts/1444603/volume-oils-fats-market-for-different-segments-united-kingdom
Statista Market Insights, Volume in the Oils & Fats market for different segments United Kingdom from 2019 to 2029 (in million kilograms) Statista, https://www.statista.com/forecasts/1444603/volume-oils-fats-market-for-different-segments-united-kingdom (last visited November 23, 2024)
Volume in the Oils & Fats market for different segments United Kingdom from 2019 to 2029 (in million kilograms) [Graph], Statista Market Insights, September 27, 2024. [Online]. Available: https://www.statista.com/forecasts/1444603/volume-oils-fats-market-for-different-segments-united-kingdom