From 2013 to 2023, Ireland's per capita expenditure on frozen vegetables and vegetable mixtures grew from €9.93 to €15.59, indicating a steady market expansion. The most substantial annual increase was between 2014 and 2015 when the market jumped by 16.44%. In the last two years, there was a moderate rise: 3.36% in 2022 and 3.25% in 2023. The five-year compound annual growth rate (CAGR) is approximately 2.65%, showing consistent consumer demand.
Future trends to watch for include:
- Rising health awareness driving demand for convenient, nutritious food options.
- Potential market expansion through new product innovations and sustainable packaging.
- Macro-economic factors such as inflation could influence spending patterns.
How does Ireland rank in Frozen Vegetables and Vegetable Mixtures Market Size Value Per Capita?
| # | 13 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 21.4 | 2023 | View data | ||
| 2 | 2 Greece | 17.77 | 2023 | View data | ||
| 3 | 3 France | 17.23 | 2023 | View data | ||
| 4 | 4 Finland | 16.67 | 2023 | View data | ||
| 5 | 5 Ireland | 15.59 | 2023 | |||
| 6 | 6 Sweden | 14.66 | 2023 | View data | ||
| 7 | 7 Germany | 14.01 | 2023 | View data | ||