Between 2011 and 2021, the price per unit of frozen vegetables and vegetable mixtures in France showed a generally upward trend with fluctuations. Starting from 1.43 Euros per kilogram in 2011, prices rose to a peak of 1.62 in 2017 before a few declines, ending at 1.53 in 2021. Year-on-year variations were present, especially notable increases in 2013, 2016, and 2017, countered by declines in 2015 and 2018. Over the last five years ending in 2021, the compound annual growth rate (CAGR) indicated moderate overall price stability.
Future trends to watch for include:
- The impact of agricultural innovation on production costs and pricing.
- Potential influences of climate change on crop yields and price volatility.
- Shifts in consumer preferences towards sustainable and organic frozen options.
- The evolving competitive landscape and entry of new market players.
