In 2023, the Food Products Turnover in Switzerland was recorded at 32.72 Billion Euros. Forecasted data indicates a steady increase in turnover, reaching 33.24 Billion Euros in 2024 and growing consistently to 35.38 Billion Euros by 2028. The year-on-year variation shows a growth rate of approximately 1.7% between 2023 and 2024, stabilizing around 1.7%-1.8% in subsequent years. The Compound Annual Growth Rate (CAGR) over the forecasted period from 2024 to 2028 stands at roughly 1.8%.
Future trends to watch for include potential impacts of technological advancements in food production and distribution, shifts in consumer preferences towards sustainability, and regulatory changes that could affect market dynamics. These factors could significantly influence the turnover and growth patterns in the Swiss food products sector.
