The turnover in the meat processing sector in Sweden for 2023 stood at 47.50 billion Swedish Kronas. The forecasted turnover shows an optimistic growth trend as follows: 48.29 billion in 2024, 49.15 billion in 2025, 50.0 billion in 2026, 50.84 billion in 2027, and 51.67 billion in 2028. Observing the year-on-year variation, the turnover is expected to grow by approximately 1.81% from 2024 to 2025, 1.73% from 2025 to 2026, 1.68% from 2026 to 2027, and 1.63% from 2027 to 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) stands at approximately 1.76%.
Future trends to watch for in the meat processing sector include advancements in plant-based meat alternatives, shifts in consumer preferences toward sustainably sourced products, technological innovations in processing techniques, and regulatory changes impacting meat processing practices.
