Between 2013 and 2018, the production value in Sweden's fruit and vegetable processing sector showed significant fluctuations, peaking at 13.93 billion SEK in 2015 before plummeting by nearly 31% in 2018. From 2019, the sector saw a stabilization process, reverting to modest annual variations.
By 2023, the production value stood at 8.57 billion SEK, having experienced a minimal yearly decrease of approximately 0.13% over the previous two years. The 5-year CAGR leading up to 2023 was 5.53%, demonstrating recent stabilization compared to earlier years of decline.
Looking ahead, the sector is projected to decline slightly, with the forecasted 5-year CAGR at -0.1%, resulting in a minor yearly decrease through 2028. The anticipated trend suggests a mature market with limited growth potential.
Future trends to watch include:
- Technological advancements in processing efficiency.
- Shifts in consumer preference towards locally-sourced or organic products.
- Regulatory changes impacting production standards.
