In 2023, the sold production of frozen potatoes in the Netherlands stood at 1.7801 billion euros. Based on the forecasted data, we see a steady upward trend from 2024 to 2028: starting at 1.8307 billion euros in 2024, and reaching 2.0303 billion euros by 2028. Year-on-year percentage variations are as follows:
- From 2023 to 2024: 2.84%
- From 2024 to 2025: 2.77%
- From 2025 to 2026: 2.66%
- From 2026 to 2027: 2.57%
- From 2027 to 2028: 2.48%
The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is approximately 2.66%. This indicates a consistent, modest growth in the market for frozen potatoes in the Netherlands over the five years.
Future trends to watch for include potential impacts from climate change on potato yields, changes in consumer preferences towards fresh or alternative potato products, and possible advances in frozen storage and transportation technology that could affect market dynamics.
