In 2023, the volume of the Flavoured Liquid Milk Products market in Sweden stood at 57.578 million kilograms. Over the past decade, the market has displayed a consistent declining trend. This trend is further exemplified by year-on-year variations: from 2013 to 2014, the market saw a notable decrease of 6.81%, followed by a continuous decline in subsequent years. Most recently, from 2022 to 2023, the decrease was 2.85%. Additionally, the five-year CAGR leading up to 2023 was -2.52%, indicating an average annual decline in market volume. Looking forward, the forecasted five-year CAGR until 2028 is -2.64%, showing a projected continuation of this downward trend, with an overall decrease of 12.5% over the forecast period.
Future trends to watch for include shifts in consumer preferences towards healthier alternatives, innovations in product offerings to revive interest, and the potential impact of regulatory changes on health and nutrition labeling. Sustainability and eco-friendly packaging could also play a significant role in influencing market dynamics over the next few years.