In 2023, the actual turnover for seafood processing in Sweden stood at 753.2 million euros. Forecasted data from 2024 to 2028 shows a steady year-on-year increase in turnover, starting from 769.6 million euros in 2024 and reaching 838.3 million euros by 2028. This represents the following percentage increases year-on-year: 2.3% from 2024 to 2025, 2.2% from 2025 to 2026, 2.1% from 2026 to 2027, and 2.0% from 2027 to 2028. Over the recent past, the turnover has been growing at a compound annual growth rate (CAGR) of approximately 2.7% from 2023 to 2028.
Future trends to watch for:
- Advances in sustainable seafood processing techniques.
- Increasing domestic and international demand for processed seafood products.
- Impact of regulatory changes in seafood sourcing and processing standards.
- Technological innovations in automation and efficiency within processing plants.
