Between 2012 and 2022, the Butter and Dairy Spreads market in Sweden exhibited fluctuations. The market value decreased progressively from 72.392 million Euros in 2012 to a low of 67.791 million Euros in 2015. A notable uptrend started from 2016 to 2018 reaching 91.634 million Euros in 2018. This was followed by a decline to 82.331 million Euros in 2022. Despite these ups and downs, the CAGR over the last five years (2018-2022) reflects a -1.25% average annual decline.
Key trends:- 2012-2015: Continuous decline in market value.- 2016-2018: Significant upturn peaking in 2018.- 2019-2022: Gradual decline with minor recovery in 2022.
Future trends to watch:- Potential recovery and stabilization in market value.- Impact of dietary trends and health awareness on butter and dairy spread consumption.- Innovations in product formulations (e.g., plant-based spreads) and their market acceptance.- Economic factors and purchasing power influencing consumer behavior in 2024.
How does Sweden rank in Butter and Dairy Spreads Market Size Value?
| # | 16 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,073,200,000 | 2023 | -0.87% | -0.24% | View data |
| 2 | 2 Austria | 417,950,000 | 2023 | +2.9% | +1.3% | View data |
| 3 | 3 Czech Republic | 399,910,000 | 2023 | +2.58% | +1.38% | View data |
| 4 | 4 Ireland | 292,460,000 | 2023 | -5.05% | -4.6% | View data |
| 5 | 5 Romania | 231,970,000 | 2023 | +4.62% | +5.36% | View data |
| 9 | 9 Hungary | 108,520,000 | 2023 | +3.01% | +1.67% | View data |
| 10 | 10 Lithuania | 107,320,000 | 2023 | +5.83% | +6.05% | View data |
| 11 | 11 Sweden | 90,466,000 | 2023 | +1.99% | -0.26% | |
| 12 | 12 Croatia | 87,352,000 | 2023 | +2.69% | +1.9% | View data |
| 13 | 13 Bulgaria | 78,058,000 | 2023 | +5.91% | +5.44% | View data |
