Between 2012 and 2022, the baked goods market in Sweden showed fluctuations. The market experienced growth in the early years, peaking in 2018 at 427.31 million Euros. Subsequently, the market faced declines, with a notable decrease from 2019 to 2021. Despite a minor recovery in 2022, the five-year CAGR illustrates an average annual decline of -1.67%. As of 2023, the market is valued at around 366.22 million Euros.
Future trends to watch for in the Swedish baked goods market include increased demand for healthier and organic options, a shift towards artisanal products, and the influence of online retail channels. Innovations and sustainable packaging could also drive market dynamics in the coming years.
| # | 24 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25,486,000,000 | 2023 | +1.82% | +1.83% | View data |
| 2 | 2 Italy | 12,280,000,000 | 2023 | +1.42% | +2.01% | View data |
| 3 | 3 United Kingdom | 11,030,000,000 | 2023 | +0.073% | +0.15% | View data |
| 4 | 4 France | 8,629,600,000 | 2023 | +2.36% | +0.29% | View data |
| 5 | 5 Spain | 7,128,600,000 | 2023 | +0.96% | +1.22% | View data |
| 18 | 18 Croatia | 478,370,000 | 2023 | -2.75% | -3.76% | View data |
| 19 | 19 Slovakia | 438,900,000 | 2023 | +2.52% | +3.28% | View data |
| 20 | 20 Sweden | 379,990,000 | 2023 | +1.81% | -2.32% | |
| 21 | 21 Lithuania | 319,630,000 | 2023 | +2.13% | +2.4% | View data |
| 22 | 22 Slovenia | 301,060,000 | 2023 | +1.01% | +0.2% | View data |
