The volume of the prepared meals market in Hungary has experienced a fluctuating trend from 2013 to 2023, with the market standing at 33.264 million kilograms in 2023. Initial growth in the early years was followed by a consistent decline from 2016 onwards. Over the last five years, the compound annual growth rate was -3.22%. The last two years show a continued downward trend with year-on-year decreases of -2.04% in 2022 and -2.05% in 2023.
Future trends to watch for:
- Increased demand for healthier and organic meal options in the prepared meals sector.
- Technological advancements in production and packaging that may improve shelf life and quality.
- Potential economic recovery that could influence consumer spending habits toward convenience foods.
- Impact of sustainability practices as consumers demand eco-friendly packaging and production methods.
| # | 17 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,710,900,000 | 2023 | +3.47% | +2.93% | View data |
| 2 | 2 France | 1,382,400,000 | 2023 | +1.01% | +0.73% | View data |
| 3 | 3 United Kingdom | 1,172,000,000 | 2023 | +0.53% | +0.98% | View data |
| 4 | 4 Spain | 418,220,000 | 2023 | +5.19% | +2.19% | View data |
| 5 | 5 Poland | 254,040,000 | 2023 | +4.75% | +4.54% | View data |
| 10 | 10 Czech Republic | 114,620,000 | 2023 | +2.49% | +1.36% | View data |
| 11 | 11 Portugal | 37,749,000 | 2023 | -1.31% | +1.46% | View data |
| 12 | 12 Hungary | 33,264,000 | 2023 | -2.05% | -3.22% | |
| 13 | 13 Bulgaria | 26,817,000 | 2023 | -2.04% | +0.55% | View data |
| 14 | 14 Estonia | 19,100,000 | 2023 | -0.43% | -0.59% | View data |
