In 2023, the Prepared or Preserved Frozen Potatoes market in Hungary reached a value of 75.965 million Euros. Over the last two years, the market has shown consistent growth with a year-on-year increase of 4.27% from 2022 to 2023 following a 3.83% increase from 2021 to 2022. The market demonstrated a 5-year compound annual growth rate (CAGR) of 4.1%, indicating steady and sustainable expansion.
Future trends to watch for include:
- Increased demand for convenience foods amid busy lifestyles, bolstering market growth.
- Potential innovations in product offerings and health-focused frozen potato products.
- Impact of economic factors on consumer purchasing power and preferences.
How does Hungary rank in Prepared or Preserved Frozen Potatoes Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 683,330,000 | 2023 | +2.54% | +2% | View data |
| 2 | 2 Netherlands | 629,070,000 | 2023 | +3.27% | +2.95% | View data |
| 3 | 3 Italy | 407,300,000 | 2023 | +2.11% | +2.07% | View data |
| 4 | 4 Spain | 263,470,000 | 2023 | +3.81% | +4.43% | View data |
| 5 | 5 Poland | 150,440,000 | 2023 | +2.66% | +2.69% | View data |
| 6 | 6 Sweden | 111,650,000 | 2023 | +2.28% | +3.31% | View data |
| 7 | 7 Hungary | 75,965,000 | 2023 | +4.27% | +4.1% | |
| 8 | 8 Portugal | 75,025,000 | 2023 | +2.72% | +1.15% | View data |
| 9 | 9 Denmark | 68,615,000 | 2023 | +1.24% | +2.95% | View data |