The Fresh Pastry Market in Sweden has experienced fluctuating trends from 2012 to 2022. The highest market value was recorded in 2015 at 423.22 million Euros, while the lowest was in 2020 at 328.36 million Euros. Year-on-year variations highlight notable drops in 2016 (-10.43%) and 2020 (-18.08%), and peaks of growth in 2015 (5.46%) and 2018 (6.94%). Over the last five years to 2022, the market saw a negative compound annual growth rate (CAGR) of -2.14%.
In the last two years, from 2021 to 2022, the market adjusted slightly with a -2.34% decline following a recovery of 10.6% in 2021. The theme of market fluctuations indicates ongoing sensitivity to external factors, likely including economic conditions and consumer preferences.
Looking forward, key trends to watch for in 2024 and beyond include technological advancements in pastry production, increasing consumer preference for healthy and organic options, and the influence of environmental sustainability on consumer choices. Market dynamics in Sweden will also be shaped by shifts in disposable income and lifestyle changes post-pandemic.
How does Sweden rank in Fresh Pastry Market Size Value?
# | 23 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 8,484,900,000 | 2023 | +2% | +1.83% | View data |
2 | 2 Italy | 7,705,000,000 | 2023 | +6.13% | +2% | View data |
3 | 3 France | 6,145,800,000 | 2023 | +2.69% | -0.1% | View data |
4 | 4 United Kingdom | 6,093,000,000 | 2023 | +0.47% | -0.055% | View data |
5 | 5 Spain | 2,919,200,000 | 2023 | +0.066% | +0.48% | View data |
11 | 11 Greece | 579,520,000 | 2023 | +7.88% | +2.76% | View data |
12 | 12 Hungary | 435,870,000 | 2023 | +4.85% | +1.26% | View data |
13 | 13 Sweden | 412,290,000 | 2023 | +4.48% | -0.49% | |
14 | 14 Finland | 393,840,000 | 2023 | +0.57% | +2.94% | View data |
15 | 15 Czech Republic | 296,430,000 | 2023 | +0.91% | +1.11% | View data |