The frozen vegetables market in Finland has experienced moderate fluctuations from 2013 to 2023. The market value saw minor annual variations, with fluctuations ranging between a decrease of 3.17% in 2016 and an increase of 4.07% in 2015. As of 2023, the market size stands at €94.295 million. The five-year CAGR from 2018 to 2023 was relatively low at 0.29%, indicating stable, yet slow, growth. Forecasts from 2024 to 2028 predict a continued modest growth with a 5-year estimated CAGR of 0.62%, leading to a market size of €98.046 million by 2028, implying a total growth of approximately 3.14% over this period.
Future trends to watch for include:
- Increasing consumer preference for convenience food options.
- Growing awareness of healthy eating habits driving demand for frozen vegetables.
- Sustainable packaging and production processes becoming more significant.
- Technological advancements in preservation improving quality and shelf life of frozen vegetables.
- Potential market expansion due to e-commerce growth and online grocery shopping trends.
