The soy sauce market in Sweden exhibited fluctuations over the years from 2012 to 2022. The volume saw substantial growth from 2012, with a significant rise of 25.05% in 2013 and a peak in 2021 at 4.4285 million kilograms, declining slightly by 0.051% in 2022. Noteworthy drops were observed in 2015 (-11.21%) and 2017 (-17.28%). The market recovered with impressive growth rates in 2019 (31.7%) and a consistent upward trend from 2020 to 2021. The Compound Annual Growth Rate (CAGR) demonstrated varied phases, notably a strong average growth of 9.56% over the last five years.
Future trends to watch in the soy sauce market in Sweden include a potential increase in demand driven by health-conscious consumers seeking low-sodium options, a surge in vegan and vegetarian dietary preferences, and the influence of global culinary trends that encourage the use of soy sauce in diverse cuisines.
How does Sweden rank in Soya Sauce Market Size Volume?
| # | 5 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 20,120,000 | 2023 | +3.34% | +5.79% | View data |
| 2 | 2 Sweden | 4,461,200 | 2023 | +0.38% | +8.91% | |
| 3 | 3 Denmark | 1,482,300 | 2023 | +1.51% | +1.06% | View data |
| 4 | 4 Bulgaria | 498,610 | 2023 | +4.04% | +4.99% | View data |
| 5 | 5 Lithuania | 400,860 | 2023 | +2.66% | +1.43% | View data |
