In 2023, the sold production of frozen potatoes in Germany stood at a certain baseline figure (not provided in the data). The forecasted data reveals a steady increase from 2024 to 2028. Specifically, the values are 623.25 million kilograms in 2024, 635.39 million kilograms in 2025, 647.4 million kilograms in 2026, 659.29 million kilograms in 2027, and 671.07 million kilograms in 2028.
Given this data:
- The year-on-year growth rate from 2024 to 2025 is approximately 1.94%.
- The year-on-year growth rate from 2025 to 2026 is approximately 1.89%.
- The year-on-year growth rate from 2026 to 2027 is approximately 1.83%.
- The year-on-year growth rate from 2027 to 2028 is approximately 1.79%.
- The Compound Annual Growth Rate (CAGR) over this five-year period is around 1.86%.
Looking ahead, key trends to watch for in this market include advancements in freezing technology, changes in consumer preferences towards frozen foods, and the impact of supply chain logistics. It's also vital to consider potential regulatory changes and economic factors that could influence production volumes.
