Between 2013 and 2023, the frozen fruits and nuts market in France experienced significant growth, starting from 470.09 million euros in 2013 to reach 728.56 million euros in 2023. The market displayed varied year-on-year growth rates, with notable increases in years such as 2015 (17.97%) and 2020 (8.29%). Recent performance shows a more stable trend with continuous annual growth, for instance, a 3.96% increase from 2022 to 2023. The Compound Annual Growth Rate (CAGR) over the past five years is 5.55%, indicating a healthy average yearly increase. Forecasts for the upcoming five years predict a further growth rate of 14.17%, with a forecasted CAGR of 2.69%, reaching 863.13 million euros by 2028.
Future trends to watch for:
• Rising consumer preference for healthy and convenient food options.
• Innovations in freezing technology and supply chain improvements.
• Increasing demand for organic and sustainably sourced produce.
• Potential impacts of climate change on fruit and nut yields.
• Evolving trade policies and market expansions in European regions.
