The poultry meat processing industry in Sweden has shown steady growth from 48.0 thousand metric tons in 2014 to 63.0 thousand metric tons in 2023, marking a 1.61% year-on-year increase for 2023. The compound annual growth rate (CAGR) over the past five years stands at 1.67%. Between 2014 and 2016, the industry experienced significant growth rates of 10.42% and 16.98%, respectively. However, 2017 and 2018 saw declines in production, with year-on-year drops of -4.84% and -1.69%. The period from 2019 to 2023 reflected more stable growth, with slight annual increases ranging from 1.61% to 1.72%.
Looking ahead, the forecasted data suggests a continued upward trajectory, with production expected to reach 67.0 thousand metric tons by 2028. The anticipated CAGR over the next five years is 0.92%, indicating a moderate growth rate of 4.69% over the period.
Future trends to watch for include potential impacts of technological advancements in processing, shifts in consumer preferences towards sustainable and organic poultry products, and regulatory changes aimed at enhancing food safety and quality standards. Monitoring these factors will be essential for understanding industry dynamics and growth opportunities.
