| Product Code: ETC6166788 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Armenia import trend for plant-based margarine experienced a notable decline from 2023 to 2024, with a growth rate of -86.96%. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a robust 31.61%. This significant decrease in import momentum from 2023 to 2024 could be attributed to shifts in consumer preferences towards other alternatives or changes in trade policies impacting the market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Plant-Based Margarine Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Plant-Based Margarine Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Plant-Based Margarine Market - Industry Life Cycle |
3.4 Armenia Plant-Based Margarine Market - Porter's Five Forces |
3.5 Armenia Plant-Based Margarine Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Armenia Plant-Based Margarine Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Armenia Plant-Based Margarine Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.8 Armenia Plant-Based Margarine Market Revenues & Volume Share, By Usages, 2021 & 2031F |
3.9 Armenia Plant-Based Margarine Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Armenia Plant-Based Margarine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and demand for healthier and plant-based alternatives to traditional margarine and butter products |
4.2.2 Growing preference for vegan and vegetarian diets among the population in Armenia |
4.2.3 Rising concerns about health and wellness, leading to a shift towards products perceived as healthier options |
4.3 Market Restraints |
4.3.1 Limited availability of plant-based margarine products in traditional retail channels in Armenia |
4.3.2 Higher pricing of plant-based margarine compared to conventional margarine products |
4.3.3 Lack of awareness and education about the benefits of plant-based margarine among the general population in Armenia |
5 Armenia Plant-Based Margarine Market Trends |
6 Armenia Plant-Based Margarine Market, By Types |
6.1 Armenia Plant-Based Margarine Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Plant-Based Margarine Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Armenia Plant-Based Margarine Market Revenues & Volume, By Hard Margarine, 2021- 2031F |
6.1.4 Armenia Plant-Based Margarine Market Revenues & Volume, By Soft Margarine, 2021- 2031F |
6.1.5 Armenia Plant-Based Margarine Market Revenues & Volume, By Liquid Margarine, 2021- 2031F |
6.2 Armenia Plant-Based Margarine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Armenia Plant-Based Margarine Market Revenues & Volume, By Beverages, 2021- 2031F |
6.2.3 Armenia Plant-Based Margarine Market Revenues & Volume, By Convenience Food, 2021- 2031F |
6.2.4 Armenia Plant-Based Margarine Market Revenues & Volume, By Sauces, 2021- 2031F |
6.2.5 Armenia Plant-Based Margarine Market Revenues & Volume, By Dressings and Condiments, 2021- 2031F |
6.2.6 Armenia Plant-Based Margarine Market Revenues & Volume, By Bakery and Confectionery, 2021- 2031F |
6.2.7 Armenia Plant-Based Margarine Market Revenues & Volume, By Dairy Products, 2021- 2031F |
6.3 Armenia Plant-Based Margarine Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Armenia Plant-Based Margarine Market Revenues & Volume, By Direct to Customer Channel, 2021- 2031F |
6.3.3 Armenia Plant-Based Margarine Market Revenues & Volume, By Modern Trade Channel (Supermarket/Hypermarket), 2021- 2031F |
6.3.4 Armenia Plant-Based Margarine Market Revenues & Volume, By Convenience Store, 2021- 2031F |
6.3.5 Armenia Plant-Based Margarine Market Revenues & Volume, By Specialty Store, 2021- 2031F |
6.3.6 Armenia Plant-Based Margarine Market Revenues & Volume, By E-Retailers (Third Party Online Channel), 2021- 2031F |
6.4 Armenia Plant-Based Margarine Market, By Usages |
6.4.1 Overview and Analysis |
6.4.2 Armenia Plant-Based Margarine Market Revenues & Volume, By Spreadable, 2021- 2031F |
6.4.3 Armenia Plant-Based Margarine Market Revenues & Volume, By Non-Spreadable, 2021- 2031F |
6.5 Armenia Plant-Based Margarine Market, By End Use |
6.5.1 Overview and Analysis |
6.5.2 Armenia Plant-Based Margarine Market Revenues & Volume, By Commercial, 2021- 2031F |
6.5.3 Armenia Plant-Based Margarine Market Revenues & Volume, By Households, 2021- 2031F |
7 Armenia Plant-Based Margarine Market Import-Export Trade Statistics |
7.1 Armenia Plant-Based Margarine Market Export to Major Countries |
7.2 Armenia Plant-Based Margarine Market Imports from Major Countries |
8 Armenia Plant-Based Margarine Market Key Performance Indicators |
8.1 Number of new product launches in the plant-based margarine segment in Armenia |
8.2 Percentage increase in plant-based margarine sales through online channels |
8.3 Growth in the number of vegan and vegetarian restaurants offering plant-based margarine as a substitute |
8.4 Increase in the number of health and wellness influencers promoting plant-based margarine on social media |
8.5 Adoption rate of plant-based margarine in traditional Armenian recipes and dishes |
9 Armenia Plant-Based Margarine Market - Opportunity Assessment |
9.1 Armenia Plant-Based Margarine Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Armenia Plant-Based Margarine Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Armenia Plant-Based Margarine Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.4 Armenia Plant-Based Margarine Market Opportunity Assessment, By Usages, 2021 & 2031F |
9.5 Armenia Plant-Based Margarine Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Armenia Plant-Based Margarine Market - Competitive Landscape |
10.1 Armenia Plant-Based Margarine Market Revenue Share, By Companies, 2024 |
10.2 Armenia Plant-Based Margarine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |