The frozen vegetables market in Belgium has shown varying trends from 2012 to 2022. Starting at 509.84 million kilograms in 2012, the market experienced fluctuations, with a significant drop in 2013, followed by a recovery period, peaking in 2017 at 721.11 million kilograms. This peak was followed by a slight decline until 2020, after which moderate growth resumed, reaching 694.44 million kilograms in 2022. Over the past two years, year-on-year growth rates were relatively stable at 1.92% and 2%. The past five years demonstrate an average CAGR of -0.75%, indicating a marginal long-term contraction.
Future trends to watch for include potential growth driven by changing consumer preferences towards convenient and healthy eating options. Market dynamics such as technological advancements in food preservation, improvements in supply chain logistics, and the impact of inflation on household budgets could further influence market expansion or contraction. The continuous monitoring of these factors will be essential to understanding the frozen vegetables market trajectory in Belgium for the coming years.
How does Belgium 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% | |
| 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 |
