Key Market Indicators
Spanish demand for frozen food is set to grow 0.8% year on year, reaching $159 million by 2026. This is up from $151 million in 2021, with the country ranking 21st in the world. Sweden is ahead in the rankings with $151 million. The United States, South Korea and Japan follow as the next three largest markets. Spanish frozen food exports are also on the rise, projected to reach $882 million by 2026. This is up from $755 million in 2021, with China taking the lead in exports with $755 million. China, Spain and Mexico follow in the rankings. The industry has seen an average 5.9% growth since 1994.
