The fruit spreads market in Sweden has exhibited significant fluctuations over the past decade. From a value of 66.899 million kilograms in 2012, the market saw a rather volatile trajectory, peaking at 70.734 million kilograms in 2015 but then experiencing a steady decline to 45.771 million kilograms in 2022. Over the last two years, market volume decreased by 0.91% from 2021 to 2022 while the 5-year Compound Annual Growth Rate (CAGR) showed an average decline of 2.87% per annum.
Tracing the trends further, the market saw a stark drop in 2016 by 24.49%, reflecting possible changes in consumer preferences or market dynamics. This was followed by a series of smaller declines and occasional mild recoveries. Interestingly, 2015 and 2019 showed positive variations, suggesting temporary boosts in demand or successful market strategies during these years. Overall, the steady negative trend from 2016 onwards indicates persistent challenges in the market.
Looking ahead to future trends in 2024, market analysts should watch for shifts in consumer preferences toward healthier and possibly homemade alternatives, the impact of sustainability trends, and potential economic factors that could either alleviate or exacerbate the ongoing decline in fruit spread consumption.
How does Sweden rank in Fruit Spreads Market Size Volume?
# | 17 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 France | 638,460,000 | 2023 | +1.71% | +2.02% | View data |
2 | 2 Germany | 269,240,000 | 2023 | +0.52% | +1.04% | View data |
3 | 3 United Kingdom | 171,350,000 | 2023 | +0.29% | -0.33% | View data |
4 | 4 Spain | 161,920,000 | 2023 | +2.4% | +2.81% | View data |
5 | 5 Poland | 100,600,000 | 2023 | +0.47% | +0.43% | View data |
6 | 6 Belgium | 69,293,000 | 2023 | +2.51% | +3.1% | View data |
7 | 7 Sweden | 47,555,000 | 2023 | -3.13% | -0.84% | |
8 | 8 Czech Republic | 43,144,000 | 2023 | +2.51% | +2.95% | View data |
9 | 9 Portugal | 20,732,000 | 2023 | +2.73% | +3.58% | View data |