The Butter and Dairy Spreads market in Sweden has seen significant fluctuations over the past decade. Starting at 71.472 million euros in 2013, the market experienced a downward trend until 2015. However, a sharp rise occurred in 2017, peaking at 87.668 million euros. Despite a decline in recent years, the market regained strength by 2022, reaching 88.698 million euros with a modest growth in 2023 to 90.466 million euros. From 2024 onward, the market is forecasted to exhibit steady growth, reaching 99.041 million euros by 2028.
- The market stood at 90.466 million euros in 2023.
- Over the last two years (2022-2023), the market showed an increase of 1.99% year-on-year.
- The CAGR over the last five years (2019-2023) was calculated at -0.26%.
- The forecasted CAGR for the next five years (2024-2028) is estimated at 1.44%.
Future trends to watch include increasing consumer preference for premium and organic dairy spreads, potential impacts of global economic conditions on consumer spending, and innovations in product offerings enhanced by sustainability and health benefits.
