The sold production of fruit and vegetable juice in Sweden has experienced significant fluctuations from 2013 to 2023, showing a mix of sharp declines and moderate recoveries. The notable drop between 2014 and 2015, followed by inconsistent growth and decline trends, depicts a volatile market.
By 2023, the value stands at €101.95 million. The last two years show a positive growth trend, with a year-on-year increase of 4.89% from 2022 to 2023. The Compound Annual Growth Rate (CAGR) over the last five years is 3.16%, indicating a positive but modest annual growth.
Looking ahead, the forecast data suggests a steady upward trend, with expectations to reach €125.02 million by 2028. The forecasted five-year CAGR of 3.23% signifies continued growth, with a projected overall increase of 17.22% over the period.
Future trends to watch for include health and wellness trends driving demand for natural and organic juices, technological advancements in production processes, and shifts in consumer behavior towards sustainable and ethically produced beverages. Additionally, regulatory changes and economic conditions could impact market dynamics.
