The sold production of frozen vegetables in France displayed fluctuations from 2013 to 2023, with values spanning from 459.84 million kilograms in 2013 to 506.62 million kilograms in 2023. Notably, there was a peak in 2015 at 490.36 million kilograms and a significant dip in 2020 at 446.69 million kilograms.
Analyzing the year-on-year variations:
- 2013: -6.38%
- 2014: +1.45%
- 2015: +5.11%
- 2016: -0.94%
- 2017: -4.39%
- 2018: -0.35%
- 2019: -1%
- 2020: -2.51%
- 2021: +13.39%
- 2022: -1.01%
- 2023: +1.05%
Over the last five years, the CAGR from 2018 to 2023 stands at 1.83%, indicating a modest growth over the period. For the future, from 2023 to 2028, the frozen vegetables market is projected to grow at a CAGR of 0.78% to reach 532.13 million kilograms by 2028.
Future trends to watch for include advancements in freezing technology, increased demand for convenient and healthy food options, and potential shifts in consumer preferences towards local and sustainably produced vegetables. These factors could influence market dynamics and growth trajectories in the upcoming years.
