The French market for frozen vegetables and vegetable mixtures has experienced fluctuating growth between 2013 and 2023, reaching a value of 539.87 Million Euros in 2023. The year-on-year variation over the last two years shows a moderate increase: 1.11% in 2022 and 1.61% in 2023. The last 5-year compound annual growth rate (CAGR) also indicates a modest upward trend, standing at 1.31% from 2018 to 2023.
Forecasts from 2024 to 2028 predict a steady increase, with an expected CAGR of 1.18%, leading to a 6.04% growth rate over five years by 2028. This suggests a stable positive shift in the market for the near future.
Future Trends to Watch For:
- Changing consumer preferences towards healthy and convenient food options could drive demand.
- Innovation in freezing technology and packaging may enhance market appeal.
- Economic factors and environmental concerns could influence production and consumption patterns.
- Trade policies and agricultural outputs might impact the availability and cost of raw materials.
