The sold production of frozen vegetables in the Netherlands experienced variable trends over the past decade. In 2023, the volume stood at 108.36 million kilograms, marking a slight recovery from previous significant declines. Previously, from 2013 to 2022, the market exhibited fluctuations with the peak in 2015 and recent lower levels. The last two years showed minimal increases of 0.62% in 2022 and 0.51% in 2023. The five-year compound annual growth rate (CAGR) for the period ending in 2023 was -4.01%, highlighting an overall downward trend.
Looking forward, the forecasted data indicate a stable but minimal growth trend with a predicted 5-year CAGR of 0.39% from 2024 to 2028, leading to a volume of 111.04 million kilograms in 2028, representing a modest 1.96% growth over five years.
Future trends to watch for include potential market stabilizers such as increasing consumer demand for healthier and convenient food options, advancements in freezing technologies, and potential economic shifts. Monitoring these factors will be crucial in understanding the frozen vegetable market's trajectory in the Netherlands.