Forecast: Manufactured Dairy Products Production in Sweden

Manufactured dairy products production in Sweden has experienced fluctuating trends over the past decade. From 2013 to 2020, the sector saw significant year-on-year declines, punctuated by occasional slight increases. However, from 2021 onwards, the production started to recover, reflected by consecutive year-on-year increases culminating in 1.17% growth in 2023.

As of 2023, the production volume stood at 0.90561 million metric tons. The transition period from 2024 to 2028 is forecasted to maintain a modest but steady growth, with a forecasted 5-year CAGR of 0.86% and an overall 5-year growth rate of 4.4% by 2028.

Future trends to watch for:

  • Technological advancements and production efficiencies in the dairy sector.
  • Shifts in consumer preferences towards plant-based dairy alternatives.
  • Regulatory changes and their impacts on dairy production costs and sustainability practices.

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