The meat products turnover in Sweden has shown fluctuations from 2013 to 2023, ending at 4.46 billion euros in 2023. There were periods of both decline and growth, with notable drops in 2018 and 2019. However, from 2020 onwards, there’s been a steady increase, marking a modest recovery path. The CAGR over the last five years (2018-2023) stands at 1.54%, indicating a slow but positive upward trend.
Future trends to watch for:
- Continued gradual growth with a forecasted CAGR of 0.49% from 2024 to 2028.
- Potential impact of health trends and sustainability concerns on meat consumption.
- Technological advancements and innovation in meat processing and alternative proteins.