The dairy products market size in Sweden has experienced fluctuations over the past decade. From 2012 to 2022, the market size has oscillated, showing both significant growths and declines. The market peaked in 2017 with a value of €3.1485 billion but faced a sharp decline subsequently, notably a -12.09% drop in 2019. In recent years, the market size is stabilizing but with minimal growth. The year-on-year variations illustrate a volatile market, with drops in 2014 and 2019 and minor improvements post-2020. The Compound Annual Growth Rate (CAGR) has been negative in recent years, indicating a slight downward trend in the market average.
Future trends to watch for include potential market growth driven by innovations in dairy alternatives, sustainability practices, and changing consumer preferences towards organic products. Additionally, monitoring regulatory changes and their impact on production and consumption will be crucial for predicting future market movements.
How does Sweden rank in Dairy Products Market Size Value?
| # | 19 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 29,301,000,000 | 2023 | +1.75% | +1.82% | View data |
| 2 | 2 Italy | 22,897,000,000 | 2023 | +0.22% | +0.59% | View data |
| 3 | 3 United Kingdom | 15,427,000,000 | 2023 | +0.5% | +1.71% | View data |
| 4 | 4 Poland | 8,471,800,000 | 2023 | +1.69% | +3.05% | View data |
| 5 | 5 Sweden | 2,959,000,000 | 2023 | +0.2% | -0.97% | |
| 6 | 6 Romania | 2,756,100,000 | 2023 | +4.94% | +8.25% | View data |
| 7 | 7 Greece | 2,747,200,000 | 2023 | -0.52% | -0.73% | View data |
