Juices - Sweden

The Juices market in Sweden has been experiencing significant growth in recent years. Customer preferences for healthier and more natural beverages have been driving this trend. In addition, local special circumstances and underlying macroeconomic factors have also played a role in shaping the market. Customer preferences in Sweden have shifted towards healthier options, and this has had a direct impact on the Juices market. Consumers are increasingly looking for beverages that are made with natural ingredients and have no added sugars or artificial additives. This has led to a rise in demand for organic and cold-pressed juices, which are perceived as healthier alternatives to traditional juices. In addition, there is a growing interest in functional juices that offer specific health benefits, such as immune-boosting or detoxifying properties. These customer preferences for healthier and more natural beverages have been driving the growth of the Juices market in Sweden. Trends in the market also reflect the global and regional developments in the Juices industry. There has been a growing awareness of the environmental impact of single-use plastic bottles, and this has led to an increase in demand for juices in sustainable packaging, such as glass bottles or Tetra Pak cartons. In addition, there is a rising trend of customization in the Juices market, with consumers seeking personalized blends and flavors. This trend has been fueled by the availability of juicing machines and the popularity of juice bars, where customers can create their own unique juice combinations. These trends reflect the evolving preferences of consumers in Sweden and contribute to the overall growth of the Juices market. Local special circumstances in Sweden have also influenced the development of the Juices market. The country has a strong tradition of healthy living and a high level of awareness about the importance of nutrition. This has created a favorable environment for the growth of the Juices market, as consumers are more receptive to the benefits of juices and other healthy beverages. In addition, the presence of a well-developed retail infrastructure and a high level of disposable income have made it easier for consumers to access and purchase a wide variety of juices. These local special circumstances have created a conducive environment for the growth of the Juices market in Sweden. Underlying macroeconomic factors have also played a role in shaping the Juices market in Sweden. The country has a stable economy and a high standard of living, which has resulted in a higher level of disposable income for consumers. This has allowed consumers to prioritize their health and well-being, and has contributed to the increased demand for healthier beverages such as juices. In addition, the government has implemented policies and initiatives to promote healthy eating and drinking habits, which has further driven the growth of the Juices market. These underlying macroeconomic factors have created a favorable market environment for the Juices industry in Sweden. Overall, the Juices market in Sweden is experiencing growth due to customer preferences for healthier and more natural beverages, as well as global and regional trends in the industry. Local special circumstances and underlying macroeconomic factors have also contributed to the development of the market. As consumer awareness about health and nutrition continues to increase, it is expected that the Juices market in Sweden will continue to grow in the coming years.

Data coverage:

The data encompasses B2C enterprises. The at-home market covers retail sales via super- and hypermarkets, eCommerce, convenience stores, or similar sales channels. The out-of-home data encompasses all sales to hotels, restaurants, catering, cafés, bars, and similar hospitality service establishments. Combined numbers encompass both the at-home market and the out-of-home market. Both the at-home and the out-of-home market are valued at retail selling prices including all sales and consumption taxes.

Modeling approach:

Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending (e.g. consumer spending on Non-Alcoholic Drinks, consumer spending at Hotels, Restaurants etc.), and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Non-Alcoholic Drinks market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.