The prepared or preserved frozen potatoes market in the Netherlands has shown considerable fluctuations in volume over the past years. From 2013 to 2023, the market peaked in 2017 with 506.26 million kilograms, declining significantly in 2018 to 375.25 million kilograms, and stabilizing at around 423.5 million kilograms in 2023.
Recent variations in year-on-year growth from 2022 to 2023 are minimal at -0.21%, showing a market that is leveling off after previous volatile changes. The Compound Annual Growth Rate (CAGR) over the last five years to 2023 stands at 2.45%, indicating slight recovery and growth after earlier lows.
Forecasts from 2024 to 2028 suggest a modest contraction in market volume, with a five-year CAGR of -0.16%. This results in an anticipated market size of 419.17 million kilograms by 2028, marking an overall decline of -0.81% from 2023.
Trends to watch for:
- Potential impacts from advancements in food preservation and freezing technologies.
- Shifts in consumer preferences towards fresh over preserved or frozen products.
- Economic factors influencing consumer spending and availability of raw materials.
