Key Market Indicators
Swedish Food Expenditures are projected to climb to approximately €30.6 billion by the year 2028, up from around €27.7 billion in 2023. This marks an average annual growth rate of 1.6%. Historical data indicates that since 1998, the demand for food in Sweden has increased at an average rate of 3.8% per year. In parallel, Swedish Food Sales are expected to rise to roughly €19.6 billion by 2028, compared to about €18.1 billion in 2023. This represents a compound annual growth rate (CAGR) of 1.2%. Since 2010, the Swedish food market has experienced a yearly growth rate of 1.7%.