The forecast for the sold production of frozen vegetables and vegetable mixtures in the UK from 2024 to 2028 indicates a steady increase. In 2023, the actual production stood at 330.0 million Euros. From 2024 onwards, the year-on-year growth is consistent with an average annual increase of 4.6 million Euros. The compound annual growth rate (CAGR) over the five years from 2024 to 2028 is projected to be approximately 1.4%. This indicates a stable and sustainable development trend, reflecting potential increases in consumer demand and production capacity.
Future trends to watch for include:
- Potential shifts in consumer preferences towards healthy and convenient food options, boosting demand for frozen vegetables.
- Impact of technological advancements in preservation and packaging improving product quality and shelf life.
- Trade and regulatory changes post-Brexit impacting supply chains and production costs in the UK.
