The projected demand for animal fats in Sweden displays a consistent and moderate growth from 2024 onwards. The values in Thousand Metric Tons (TMT) are:
- 2024: 237.0 TMT
- 2025: 239.0 TMT
- 2026: 240.0 TMT
- 2027: 242.0 TMT
- 2028: 244.0 TMT
The year-on-year percentage variations are as follows:
- 2025: 0.84%
- 2026: 0.42%
- 2027: 0.83%
- 2028: 0.83%
The Compound Annual Growth Rate (CAGR) over the last five-year period (2024-2028) is approximately 0.73%, indicating a steady upward trend in demand.
Future Trends to Watch
Key future trends to monitor include potential changes in consumer dietary preferences, technological advancements in animal fat production, and the impact of economic factors on consumption patterns. Sustainability and health trends might also affect the demand for animal fats in Sweden.
