The German frozen vegetables and vegetable mixtures market displayed fluctuations between 2013 and 2023, initially dipping from 995.24 million euros in 2013 to 989.34 million in 2014. A noticeable recovery followed, culminating in a value of 1,158.4 million euros in 2023. The compound annual growth rate (CAGR) varied over different periods, averaging 1.72% over the last five years (2018-2023). In percentage terms, year-on-year variations ranged from significant gains like the 4.98% rise in 2016 to minor changes such as the 0.77% increase in 2023.
Looking forward, the market is expected to grow modestly, with a forecasted CAGR of 0.58% from 2024 to 2028, resulting in a projected value of 1,201.4 million euros by 2028. Future trends might reveal insights into sustainable packaging, organic frozen options, and innovations in the supply chain to boost market expansion.
