The UK frozen fruits and nuts market is projected to grow from a volume per capita of 1.36 kilograms in 2024 to 1.44 kilograms by 2028. This represents a consistent year-on-year growth rate of approximately 1.47%. Comparing this to previous actual data from 2023, when the market stood at 1.34 kilograms per capita, the trajectory indicates steady growth with a five-year compound annual growth rate (CAGR) of around 1.46%.
Future trends to watch for include:
- Increasing demand for convenient and healthy food options, boosting frozen fruit and nut consumption.
- Continued innovation in packaging and preservation techniques, enhancing product appeal.
- Potential impacts of economic factors, such as inflation, on consumption patterns.
- Growing awareness of and demand for plant-based diets could prompt further market growth.