The food products turnover in Finland reached 9.94 Billion Euros in 2023. Over the past decade, the industry experienced a mixed trend with a peak in 2013 and a dip in 2017, followed by a gradual recovery. The turnover has seen small but steady year-on-year increases, marking a 0.39% growth from 2022 to 2023. The Compound Annual Growth Rate (CAGR) over the last five years stands at 1.18%. Forecasts suggest a moderate growth with an average annual increase of 0.22% through 2028.
Future trends to watch for:
- Emerging consumer preferences toward sustainable and organic products.
- Technological advancements in food production and supply chain efficiency.
- Potential economic fluctuations and their impact on consumer spending.
