The Frozen Vegetables Market in Italy exhibited a mixed trend over the period from 2012 to 2023. Starting at 580.86 million kilograms in 2012, the market showed fluctuations with a general decline until 2018, reaching its lowest point at 470.28 million kilograms. After a notable recovery in 2019 and 2020, the market saw another dip in 2021 but began a slight upward trend again in 2022. As of 2023, the market stands at 492.64 million kilograms.
Key highlights include:
- From 2012 to 2018, the market experienced a steady decline with significant year-on-year decreases.
- In 2019 and 2020, the market rebounded strongly with over 7% and 6% year-on-year growth respectively.
- The last two years showed mixed trends, with a notable 9.69% drop in 2021 followed by a minor recovery of 1.64% in 2022.
A critical observation is the overall negative Compound Annual Growth Rate (CAGR) of -0.57% over the past five years, indicating a slight overall decline.
Future trends to watch for in the frozen vegetables market in Italy include the influence of health and wellness trends, changing consumer preferences toward fresh produce, and potential market adjustments post-pandemic. Additionally, developments in food technology and increased emphasis on sustainability could play pivotal roles in shaping market dynamics.
How does Italy rank in Frozen Vegetables Market Size Volume?
| # | 14 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 745,800,000 | 2023 | +0.43% | -0.23% | View data |
| 2 | 2 Belgium | 707,270,000 | 2023 | +1.85% | +1.16% | View data |
| 3 | 3 Germany | 706,520,000 | 2023 | +0.28% | +0.11% | View data |
| 4 | 4 Spain | 666,590,000 | 2023 | +2.66% | +1.98% | View data |
| 5 | 5 United Kingdom | 579,530,000 | 2023 | +0.97% | +0.91% | View data |
| 6 | 6 Italy | 501,980,000 | 2023 | -0.68% | +1.31% | |
| 7 | 7 Greece | 84,428,000 | 2023 | +4.86% | +5.64% | View data |
| 8 | 8 Sweden | 72,977,000 | 2023 | +4.05% | +2.93% | View data |
