The food products turnover in Sweden has experienced fluctuations from 2013 to 2023, with an overall upward trend. In 2023, the turnover stood at 18.13 Billion Euros, reflecting a year-on-year increase of 1.68%. From 2022 to 2023, it grew by 1.68%, while the Compound Annual Growth Rate (CAGR) over the last five years was 1.65%. The forecast for the upcoming five years (2024-2028) shows a continued rise, with an expected 5-year CAGR of 1.23% and a total forecasted growth rate of 6.3%.

Future trends to watch for:

Continued growth in food product turnover driven by increasing consumer demand and market expansion.
Potential impacts of economic factors such as inflation and currency fluctuations on turnover.
Influence of technological advancements and innovations in the food industry on market dynamics.