The sold production of processed and preserved poultry meat in Sweden has shown significant growth from 2013 to 2023, starting at 362.72 Million Euros in 2013 and rising to 541.44 Million Euros in 2023. Over this period, the industry experienced fluctuations, with notable yearly variations such as an 18.05% increase in 2020. Key observations include a steady annual growth with a CAGR of 7.28% over the past five years, despite some downturns such as in 2016 and 2017.
Future trends to watch for:
- Expected continued growth with a forecasted 5-year CAGR of 2.41%, anticipating a total increase of 12.64% by 2028.
- Potential market saturation may moderate growth rates.
- Changes in consumer preferences towards healthier or alternative proteins could impact demand.