The frozen vegetables market in Sweden has shown a steady increase from 2012 to 2022. In 2012, the market volume stood at 30.893 million kilograms, and it has grown to 68.585 million kilograms by 2022. This growth is reflected by year-on-year variations, with significant peaks in years such as 2015 and 2018, experiencing 20.66% and 24.95% increases, respectively. However, the market also saw a slight decline in 2019, with a year-on-year decrease of 3.72%. Over the last five years, the Compound Annual Growth Rate (CAGR) averaged at 6.29%, indicating a consistent upward trend.
From 2021 to 2022, the market volume increased by 3.38%, highlighting a steadier growth rate compared to previous years. Looking ahead to 2024, the market is expected to maintain its growth trajectory, with continued interest in healthy, convenient food options driving demand.
Future trends to watch for include:
- An increasing focus on sustainability and organic options in the frozen vegetable segment.
- Technological advancements in freezing techniques to preserve nutritional value.
- The potential impact of economic fluctuations and consumer spending patterns on market growth.
- Expanding product offerings with innovative blends and preparations catering to health-conscious consumers.
| # | 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% | View data |
| 7 | 7 Greece | 84,428,000 | 2023 | +4.86% | +5.64% | View data |
| 8 | 8 Sweden | 72,977,000 | 2023 | +4.05% | +2.93% | |
| 9 | 9 Romania | 61,079,000 | 2023 | +7.5% | +2.91% | View data |
| 10 | 10 Portugal | 59,268,000 | 2023 | +0.9% | +0.35% | View data |