The frozen vegetables and vegetable mixtures market in Finland was at 51.807 million kilograms in 2023. The market has shown slight fluctuations over the past decade with notable year-on-year variations. The market peaked in 2018 with a growth of 7.65% to 53.448 million kilograms, followed by some years of decline and stabilization. The average annual growth rate over the last five years is relatively low at 0.32%, indicating a stable but slow growth trajectory.
Looking ahead, the market is forecasted to grow moderately with a projected CAGR of 0.32% over the next five years, reaching 52.858 million kilograms by 2028. The trends over the past decade suggest that the sector is resilient, though growth spurts are sporadic.
Future trends to watch for:
- Effect of economic conditions on consumer spending on frozen foods.
- Potential impacts of dietary trends favoring fresh over frozen produce.
- Technological innovations in freezing and preservation methods.
- Environmental concerns and sustainability practices within the industry.
