The frozen potatoes market in Croatia has shown consistent growth between 2013 and 2023, rising from a value of 13.904 million Euros to 31.983 million Euros. This indicates a considerable expansion and steady demand despite minor downturns in 2020 and 2021. The year-on-year growth rate rebounded in 2022 and 2023, marking increases of 8.68% and 4.45%, respectively. Over the past five years, the market's compound annual growth rate (CAGR) averaged 5.26%, highlighting modest but significant growth. In 2023, the market's value reached 31.983 million Euros.
Future trends to watch for:
- Increasing consumer preference for convenient and ready-to-eat food products.
- Potential shifts towards healthier frozen food options influenced by consumer health trends.
- Impact of technological advancements in freezing techniques improving product quality and shelf life.
- Market expansion opportunities fueled by tourism and the hospitality sector in Croatia.
How does Croatia rank in Frozen Potatoes Market Size Value?
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 717,550,000 | 2023 | +0.78% | +1.62% | View data |
| 2 | 2 Netherlands | 584,490,000 | 2023 | +3.49% | +1.95% | View data |
| 3 | 3 Spain | 268,180,000 | 2023 | +0.83% | -1.79% | View data |
| 4 | 4 Poland | 161,230,000 | 2023 | +3.32% | +3.83% | View data |
| 5 | 5 Sweden | 112,130,000 | 2023 | +2.3% | +2.51% | View data |
| 10 | 10 Denmark | 59,442,000 | 2023 | -1.54% | -1.72% | View data |
| 11 | 11 Czech Republic | 49,818,000 | 2023 | -1.19% | -1.19% | View data |
| 12 | 12 Croatia | 31,983,000 | 2023 | +4.45% | +5.26% | |
| 13 | 13 Bulgaria | 27,745,000 | 2023 | +2.98% | +0.19% | View data |
| 14 | 14 Estonia | 11,973,000 | 2023 | +4.53% | +5.09% | View data |
