The export of frozen vegetables from India is showing a steady upward trend. In 2023, the export value stood at 44.75 million USD. From 2024 to 2028, the forecasted values show a consistent growth, with the export value reaching 49.95 million USD by 2028. The year-on-year variation from 2023 to 2024 is 2.28%, from 2024 to 2025 is 2.36%, from 2025 to 2026 is 2.25%, from 2026 to 2027 is 2.16%, and from 2027 to 2028 is 2.07%. Over the five-year period, the Compound Annual Growth Rate (CAGR) is approximately 2.22%.
Future trends to watch for:
- Emerging markets opening up to imported frozen vegetables.
- Technological advancements in preservation and logistics enhancing export capabilities.
- Potential trade agreements or geopolitical factors influencing export dynamics.
- Shifts in dietary trends and consumer preferences globally, increasing demand for frozen vegetables.