The Flours, Meals and Pellets of Seafood market size in Sweden has shown varied performance over the last decade. Starting at €13.465 million in 2013, it experienced a relatively stable growth, reaching €16.794 million in 2023, which represents the latest value available. The market experienced notable fluctuations with significant growth observed in 2015 (23.28%), a sharp decline in 2020 (-14.52%), and a modest recovery thereafter. The year-on-year variation for the last two years is 6.52% in 2022 and 1.16% in 2023. The compound annual growth rate (CAGR) over the last five years stands at 0.58%, indicating a stable yet incremental upward trend.
Future trends to watch for include:
- Increased focus on sustainability and eco-friendly production methods.
- Technological advancements in production and processing techniques.
- Changing consumer preferences towards high-protein diets enhancing demand.
- Potential impacts of global trade policies on import and export dynamics.
