Key Market Indicators
Processed vegetable consumption is projected to hit 42.5 million kilograms by 2028, according to recent forecasts. This marks an increase from the 37.9 million kilograms consumed in 2023. The sector is expected to grow at a compound annual growth rate (CAGR) of 1.8% year-on-year. In the past year alone, demand surged by 3.2%. Germany, Spain, and the Netherlands are notable players in this market, ranking second, third, and fourth respectively in processed vegetable consumption.
