The processed milk market size in Sweden demonstrated a general declining trend from 2012 to 2022, starting at 861.64 million kilograms and dropping to 725.47 million kilograms. Year-on-year variations showed fluctuations, with notable declines in 2015 (-3.96%), 2017 (-5.14%), and 2019 (-8.39%). Minor growth was observed in 2016 (2.4%) and 2018 (2.66%), with a slight uptick in 2020 (1.22%). The recent years indicated continued decline with year-on-year falls in 2021 (-2.11%) and 2022 (-1.57%). The Compound Annual Growth Rate (CAGR) over the last 5 years is -1.71%, reflecting a consistent downturn.
Future trends to watch for include potential recovery avenues driven by health-conscious consumer shifts towards fortified and organic milk products, advancements in milk processing technologies, and sustainability-driven practices. Monitoring changes in consumer behavior and dairy industry innovations will be critical.
How does Sweden rank in Processed Milk Market Size Volume?
| # | 16 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 9,073,000,000 | 2023 | +0.65% | -0.97% | View data |
| 2 | 2 United Kingdom | 6,321,100,000 | 2023 | -0.27% | -1.23% | View data |
| 3 | 3 Italy | 3,848,600,000 | 2023 | -2.23% | -0.88% | View data |
| 4 | 4 France | 3,559,000,000 | 2023 | -0.17% | -1.28% | View data |
| 5 | 5 Poland | 1,557,200,000 | 2023 | -0.36% | -0.19% | View data |
| 6 | 6 Sweden | 697,780,000 | 2023 | -2.38% | -2.99% | |
| 7 | 7 Austria | 625,530,000 | 2023 | +2.15% | +1.03% | View data |
| 8 | 8 Portugal | 597,350,000 | 2023 | -2.09% | -2.57% | View data |
