Between 2013 and 2023, the frozen vegetables market in France showed variable growth trends. The market size was valued at 1.1755 Billion Euros in 2023. Over the years, the market experienced fluctuations with notable drops in 2018 (-7.18%) and 2020 (-6.8%). However, the market also recorded periods of growth, such as in 2016 (9.04%) and 2017 (4.32%). In the most recent years leading up to 2023, the market maintained a steady increase, with a 1.43% growth from the previous year. The 5-year CAGR leading to 2023 was 0.46%.
The forecast from 2024 onwards indicates a positive outlook with a 5-year CAGR of 1.05%, suggesting a gradual increase in market size, reaching 1.2558 Billion Euros by 2028. The overall 5-year growth rate is projected to be 5.36%.
Future trends to watch for in the frozen vegetables market include:
- Increasing consumer preference for convenient and healthy food options.
- Innovations in freezing technologies to improve quality and taste.
- Growing awareness and demand for sustainably sourced vegetables.
- Expanding product ranges to include more diverse and exotic vegetable options.
