The fruit spreads market in Sweden experienced notable fluctuations over the 2012-2022 period. Starting at 190.04 million euros in 2012, the market saw a general downward trend, moving to 157.08 million euros in 2022. Key observations include periods of decline such as 2014-2016 and 2017-2018, with year-on-year variations of -11.33%, -11.49%, and -5.52%, respectively. Positive growth was seen sporadically, particularly in 2013 with a 5.11% increase and in 2019 with an 8.77% rise. The 5-year Compound Annual Growth Rate (CAGR) from 2018 to 2022 was -0.63%, reflecting a slight but persistent decline.
Recent data shows a minor positive shift with a slight recovery of 0.13% in 2022. This could be an early indication of market stabilization. As of 2023, the market stands at an estimated 157.08 million euros, suggesting continued challenges but also potential for future growth.
Future Trends to Watch for:
- Increased demand for organic and low-sugar fruit spreads as consumers become more health-conscious.
- Expansion into new markets and diversification of product lines, including premium and specialty spreads.
- Enhanced marketing and e-commerce strategies to capture the tech-savvy, digital-first consumer base.
- Potential impact of economic factors such as inflation and changes in consumer disposable income.
How does Sweden rank in Fruit Spreads Market Size Value?
# | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United Kingdom | 565,830,000 | 2023 | -0.27% | -0.79% | View data |
2 | 2 Spain | 410,120,000 | 2023 | +3.39% | +1.02% | View data |
3 | 3 Italy | 382,610,000 | 2023 | +1.49% | +3.66% | View data |
4 | 4 Poland | 221,870,000 | 2023 | +0.27% | -0.072% | View data |
5 | 5 Belgium | 183,550,000 | 2023 | -0.13% | -0.64% | View data |
6 | 6 Sweden | 151,230,000 | 2023 | -2% | -0.26% | |
7 | 7 Czech Republic | 89,893,000 | 2023 | +2.51% | +2.63% | View data |
8 | 8 Finland | 76,520,000 | 2023 | +1.28% | +1.76% | View data |