In 2023, the frozen vegetables market volume in Portugal reached 59.268 million kilograms. Over the last decade, the market demonstrated fluctuations with a notable decline in 2016, followed by a robust rebound in 2017 and gradual stabilization. Recent annual variations show modest growth, with a 0.91% increase in 2022 and a 0.9% increase in 2023. The five-year compound annual growth rate stands at 0.35%, reflecting a stable, albeit slow, upward trend.
Future trends to watch for:
- Increased consumer focus on healthy eating may drive further demand.
- Innovations in freezing technology could impact product quality and market expansion.
- Economic factors and climate conditions may influence agricultural yields and supply chains.
- Regulatory changes concerning food safety and environmental impact.
How does Portugal rank in Frozen Vegetables Market Size Volume?
| # | 14 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 745,800,000 | 2023 | +0.43% | -0.23% | View data |
| 2 | 2 Belgium | 707,270,000 | 2023 | +1.85% | +1.16% | View data |
| 3 | 3 Germany | 706,520,000 | 2023 | +0.28% | +0.11% | View data |
| 4 | 4 Spain | 666,590,000 | 2023 | +2.66% | +1.98% | View data |
| 5 | 5 United Kingdom | 579,530,000 | 2023 | +0.97% | +0.91% | View data |
| 8 | 8 Sweden | 72,977,000 | 2023 | +4.05% | +2.93% | View data |
| 9 | 9 Romania | 61,079,000 | 2023 | +7.5% | +2.91% | View data |
| 10 | 10 Portugal | 59,268,000 | 2023 | +0.9% | +0.35% | |
| 11 | 11 Finland | 51,807,000 | 2023 | +0.42% | -0.62% | View data |
| 12 | 12 Denmark | 38,906,000 | 2023 | -2.24% | -2.28% | View data |
