The Frozen Bovine Meat Market in Sweden fluctuated significantly over the past decade. From a value of €271.99M in 2012, the market saw moderate growth and some declines, peaking in 2017 at €304.95M before dropping to €252.78M in 2019. The market rebounded slightly in 2020, reaching €267.16M. In 2021, the market value saw a significant year-on-year increase of 11.78% to €298.63M, before a slight decrease of 2.23% in 2022 to €291.96M. The compound annual growth rate (CAGR) over the last five years is -0.87%, indicating a general decline despite recent fluctuations.
Future trends to watch for in 2024 include:
- Potential impacts of changing consumer preferences towards sustainable and plant-based meat alternatives
- Effects of economic conditions and inflation on consumer spending
- Market responses to regulatory changes and trade policies within the EU impacting import/export dynamics
How does Sweden rank in Frozen Bovine Meat Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 2,381,900,000 | 2023 | +3.04% | +4.16% | View data |
| 2 | 2 Italy | 338,660,000 | 2023 | +4.96% | +4.7% | View data |
| 3 | 3 Sweden | 303,590,000 | 2023 | +1.29% | +1.69% | |
| 4 | 4 Spain | 154,310,000 | 2023 | -3.26% | -8.98% | View data |
| 5 | 5 Finland | 109,850,000 | 2023 | +5.69% | +1.82% | View data |
