In Sweden, the prepared meals market has witnessed varying trends in the past decade, fluctuating between periods of growth and decline. In 2023, the market size stood at 172.61 million kilograms. From 2013 to 2017, there was a noticeable decrease, with a compounded annual growth rate (CAGR) of 1.33%. However, the market rebounded with a significant uptick post-2017, spiking in 2018 by 18.07% and marking a steady growth trend. The CAGR from 2018 to 2023 was 6.48%. This trend is slated to continue with forecasted growth hitting 203.53 million kilograms by 2028, indicating a CAGR of 2.61% from 2023-2028.
Future trends to watch for:
- Increasing health-conscious consumer preferences driving demand for nutritious prepared meals.
- Technological advancements in food preservation and delivery.
- Potential market saturation and competition affecting growth rates.