The processed milk market in Sweden has experienced a decline in per capita consumption from 2013 to 2023, with the volume dropping to 68.74 kilograms per capita in 2023. This marks a continuous decrease with slight fluctuations observed, particularly a notable dip between 2018 and 2023 with a Compound Annual Growth Rate (CAGR) reflecting this downward trend. Specifically, between 2022 and 2023, there was a drop of approximately 1.82%, and the average annual decrease over the last five years approximates 2.90%.
Future trends to watch for include shifting consumer preferences towards plant-based alternatives, increasing health awareness impacting dairy consumption, and sustainability practices within the dairy industry influencing market dynamics. Observing these factors will be crucial to predict future shifts in the processed milk market in Sweden.
How does Sweden rank in Processed Milk Market Size Volume Per Capita?
| # | 16 Countries | Kilograms Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 200.35 | 2023 | View data | ||
| 2 | 2 Croatia | 110.17 | 2023 | View data | ||
| 3 | 3 Germany | 109.27 | 2023 | View data | ||
| 4 | 4 United Kingdom | 92.93 | 2023 | View data | ||
| 5 | 5 Finland | 73.92 | 2023 | View data | ||
| 6 | 6 Sweden | 68.74 | 2023 | |||
| 7 | 7 Austria | 66.75 | 2023 | View data | ||
| 8 | 8 Italy | 64.83 | 2023 | View data | ||
