The market has demonstrated significant growth from €54.358 million in 2013 to €135.67 million in 2022. The average annual growth rate, compounded over the last 5 years, is 4.49%. Year-on-year growth in 2023 was 6.25%. Future projections suggest a 3.97% CAGR from 2023 to 2028, indicating continued growth to €185.29 million by 2028.
Future Trends to Watch
Key future trends include increasing consumer demand for convenience food, healthier eating habits driving consumption of frozen vegetables, and technological advancements in food preservation. Market players should also watch for sustainability practices influencing purchasing decisions.
