The processed milk market in Sweden has experienced fluctuating changes over the years, moving from €100.42 per capita in 2013 to €67.6 in 2023. This indicates a significant decline of approximately 32.7% over the decade. Notably, from 2022 to 2023, the market saw a further decrease of 2.6%, following a minor increase from 2020 to 2021. Over the last five years, the compound annual growth rate (CAGR) was negative, reflecting a continued decrease in consumption rates.
Future market trends may include:
- Increasing consumer preference for plant-based alternatives.
- Growing health concerns influencing a shift away from traditional dairy consumption.
- Legislative impacts on production methods and sustainability initiatives aiming at reducing carbon footprints.
How does Sweden rank in Processed Milk Market Size Value Per Capita?
| # | 17 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 105.19 | 2023 | View data | ||
| 2 | 2 Croatia | 82.63 | 2023 | View data | ||
| 3 | 3 United Kingdom | 71.22 | 2023 | View data | ||
| 4 | 4 Denmark | 70.54 | 2023 | View data | ||
| 5 | 5 Italy | 68.58 | 2023 | View data | ||
| 6 | 6 Sweden | 67.6 | 2023 | |||
| 7 | 7 Germany | 65.82 | 2023 | View data | ||
| 8 | 8 Finland | 64.05 | 2023 | View data | ||