In 2023, the sold production of food preparations for infants in Sweden stood at 12.257 million kilograms. Over the past decade, the production volumes have seen fluctuating trends with minor variations. From 2013 to 2023, the industry experienced both growth and declines, peaking at 13.658 million kilograms in 2016. Recent years demonstrate a slight but steady decline in volume, with a year-on-year variation of -0.1% for 2023. The five-year CAGR from 2018 to 2023 is a modest 0.4%, indicating overall stability but with a negative bias.
Looking forward, forecast data from 2024 to 2028 suggest a continuation of this slow decline. The forecasted five-year CAGR is -0.08% with an overall growth rate of -0.42% through 2028. Future trends to watch for include potential market adjustments due to changes in birth rates, consumer preferences toward organic or specialized infant foods, and impacts from regulatory changes and innovations in food technology.
