From 2013 to 2023, Sweden's meat products production value saw fluctuations. The highest growth occurred between 2013 and 2014 with a significant drop of -4.11% while seeing a significant rebound in 2020 with a 9.01% increase. The production value was €4.08 billion in 2023. Over the last two years, notably, there was a modest annual increase of 0.44% and 0.38% respectively, showing a stabilization trend after some volatile years. The five-year CAGR from 2019 to 2023 was a moderate 1.68%, indicating steady recovery.
Moving forward, from 2024 to 2028, projections suggest a slightly positive growth trend with an average annual variation of 0.17%. There is an anticipation of reaching a production value of €4.13 billion by 2028, reflecting a forecasted five-year growth rate of 0.86%. Trends to watch for include advances in technology, shifts in consumer preferences towards plant-based alternatives, and potential regulatory changes impacting production practices and costs.
