The number of processors of organic animal feeds in Sweden has shown significant fluctuations over the past decade. The industry has seen periods of rapid growth, such as in 2014 and 2017, with year-on-year increases of 44.44%, but also periods of decline, particularly in 2022, with a notable 20% drop. In 2023, the number stood at 29 enterprises, a 20.83% increase from the previous year. Over the last five years, the compound annual growth rate (CAGR) was a modest 2.21%. Forecasts indicate a steady presence with minor growth, projecting a 1.34% CAGR from 2024 to 2028, and a total growth rate of 6.9% over this period.
Future trends to watch for include potential market consolidation, advancements in organic feed technology, and regulations that may impact the organic feed industry. Tracking consumer demand for organic products and any changes in agricultural policies will also be crucial for future growth prospects.
