The value added of beverages in Sweden increased from 5.85 billion Swedish Kronas in 2013 to 8.39 billion in 2023, with a steady upward trend. Between 2013 and 2023, notable variations included significant growths in 2015 (8.85%) and 2018 (10.48%), contrasted by slight declines in 2019 (-1.58%) and 2020 (-2.17%). The annual growth averaged 1.64% over the last five years. Future forecasts suggest continued growth, with the value projected to reach 9.33 billion Swedish Kronas by 2028, indicating a forecasted CAGR of 1.67% for the upcoming five years.
Future trends to watch for:
- Increasing demand for non-alcoholic and health-focused beverages.
- Innovation in sustainable and eco-friendly packaging.
- Potential impacts of economic factors and consumer behavior shifts post-pandemic.