Whole dried milk production in Sweden is forecasted to decline progressively from 2024 to 2028. In 2023, production stood at 25.90 thousand metric tons. Specifically, the production is expected to decrease from 25.51 thousand metric tons in 2024 to 24.20 thousand metric tons by 2028. Year-on-year percentage changes illustrate a consistent downward trend: -1.33% from 2024 to 2025, -1.30% from 2025 to 2026, -1.29% from 2026 to 2027, and -1.31% from 2027 to 2028. The compound annual growth rate (CAGR) over the next five years is expected to be approximately -1.28%, indicating an overall steady decline.
Future trends to watch for include potential global market shifts, consumer demand for non-dairy alternatives, and the impact of local agricultural policies on production. Additionally, changes in international trade agreements could affect Sweden's export capabilities, influencing production levels.
