Forecast: Meat Processing Production Value in Sweden

Based on the given data, the meat processing production value in Sweden declined from 2.53 billion Euros in 2013 to 2.41 billion Euros in 2023. The compound annual growth rate (CAGR) over the last five years has improved, reaching 1.83%. Year-on-year variations display a mixed trend, with significant declines in 2018 but recovering with moderate growth after 2020.

From 2024 onwards, the forecast suggests a steady increase, with the value reaching 2.53 billion Euros by 2028, reflecting a forecasted 5-year CAGR of 0.74% and an overall growth rate of 3.76%.
This indicates a measured optimism in the sector's recovery and prospective stability.

Future trends to watch for:

  • Impact of sustainable practices and demand for organic meat.
  • Technological advancements in processing facilities.
  • Shifts in consumer preferences influenced by health and environmental considerations.
  • Regulatory changes affecting the industry.

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