Between 2013 and 2023, the per capita value of the prepared meals market in Hungary fluctuated significantly, peaking at €12.77 in 2018 and dropping to €9.24 in 2016. By 2023, this value stood at €11.33. Over the last two years, the market showed a consistent, albeit slight, decline of approximately -1.2% year-on-year.
When analyzing the period from 2018 to 2023, the compound annual growth rate (CAGR) was around -2.4%, indicating a gradual market deceleration. Despite cyclical variances, a steady decline trend emerged from 2017 onwards.
Future trends to watch for in the Hungarian prepared meals market include potential market stabilization or growth opportunities driven by changing consumer lifestyles, preferences for convenience, and increasing urbanization. Additionally, health and sustainability concerns are likely to shape product offerings and influence market dynamics.
How does Hungary rank in Prepared Meals Market Size Value Per Capita?
| # | 13 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 164.18 | 2023 | View data | ||
| 2 | 2 France | 148.02 | 2023 | View data | ||
| 3 | 3 United Kingdom | 98.88 | 2023 | View data | ||
| 4 | 4 Sweden | 80.19 | 2023 | View data | ||
| 5 | 5 Estonia | 73.45 | 2023 | View data | ||
| 11 | 11 Croatia | 14.19 | 2023 | View data | ||
| 12 | 12 Bulgaria | 13.18 | 2023 | View data | ||
| 13 | 13 Hungary | 11.33 | 2023 | |||
