The frozen fruits and nuts market in the UK has shown steady growth over the past decade, with the volume reaching 90.32 million kilograms in 2023. This represents a year-on-year increase of 1.92% compared to 2022. The Compound Annual Growth Rate (CAGR) over the last 5 years stood at 2.36%. Forecasts indicate further growth, with the volume projected to reach approximately 98.312 million kilograms by 2028, reflecting a forecasted 5-year CAGR of 1.34%, translating to an overall growth rate of 6.88% between 2024 and 2028.
Future Trends to Watch:
- Increasing consumer awareness of the health benefits associated with frozen fruits and nuts.
- Technological advancements in freezing techniques that improve product quality.
- Growth in online grocery shopping and its convenience factors.
- Potential impact of regulatory changes and trade policies post-Brexit.
