Protein crops production in Sweden has seen considerable volatility from 2013 to 2023. The production increased dramatically in 2015 and 2016, followed by a pronounced drop in 2018, and recovered somewhat thereafter. In 2023, production stood at 129.1 thousand metric tons, with a 1.97% increase year-on-year. Over the last two years (2022 and 2023), production showed modest year-on-year increases of 2.01% and 1.97%, respectively. The compound annual growth rate (CAGR) over the last five years (2018-2023) was 9.77%, reflecting a period of recovery and stabilization.
Looking ahead, the forecast indicates steady growth, with a 5-year CAGR of 1.5% leading up to 2028. The total projected increase from 2023 to 2028 is 7.73%, suggesting sustained but moderate growth in production levels.
Future trends to watch for include potential impacts of climate change on crop yields, advancements in agricultural technology, policy shifts favoring sustainable farming practices, and evolving consumer preferences towards plant-based proteins.
