Forecast: Sold Production of Farm Animal Feed Premixtures in Sweden

From 2013 to 2023, the sold production of farm animal feed premixtures in Sweden showed fluctuations with an overall positive trend. Notable variations included a significant increase in 2017 with a 19.81% year-on-year rise, followed by a drop in 2019 by 0.87%. The years 2020 to 2023 saw smaller, yet consistent, growth with 2023 standing at 20.009 million kilograms. The compound annual growth rate (CAGR) from 2018 to 2023 was 1.92%.

Future trends to watch for include:

  • Moderate growth with a forecasted CAGR of 0.9% from 2024 to 2028.
  • Continuing slight year-on-year increases, with a projected annual growth rate of 4.57% by 2028.
  • Potential impacts of market changes, such as innovations in feed technology and evolving regulations related to farm animal nutrition.

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