Definition:
The Processed and Frozen Vegetables market covers products made from edible plants (whole or part of) that have been canned, frozen, dehydrated, and pickled.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.
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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Processed & Frozen Vegetables Market in Africa has seen slight growth due to factors such as increasing urbanization, changing dietary habits, and a growing population. However, this growth is subdued by challenges such as inadequate infrastructure, limited technology adoption, and supply chain inefficiencies. Despite these obstacles, the market is expected to continue growing as more consumers seek convenient and healthy food options.
Customer preferences: With the rising demand for healthy and convenient food options, there has been a noticeable increase in the popularity of plant-based diets in Africa. This trend is driven by a growing awareness of the health and environmental benefits of consuming more vegetables. Additionally, there is a shift towards frozen and processed vegetables, as they provide a longer shelf-life and greater convenience for busy consumers. This is particularly appealing to the younger population who are more health-conscious and have a preference for quick and easy meal solutions.
Trends in the market: In Africa, the Processed & Frozen Vegetables Market of the Vegetables Market within The Food market is experiencing a shift towards more sustainable and organic products. This trend is driven by increasing consumer awareness of the health and environmental benefits of organic produce. In addition, there is a growing demand for convenience and longer shelf life, leading to a rise in the use of frozen vegetables. This trend is expected to continue, with potential implications for industry stakeholders such as producers, distributors, and retailers who may need to adapt their production and supply chain strategies to meet this changing demand.
Local special circumstances: In Africa, the Processed & Frozen Vegetables Market is heavily influenced by the continent's diverse and unique agricultural landscape. The availability of arable land, varying weather patterns, and cultural preferences all play a role in shaping the market. Additionally, government policies and regulations, such as import and export restrictions, can greatly impact the supply and demand for processed and frozen vegetables in different regions. These local factors contribute to the constantly evolving dynamics of the market and must be carefully considered by companies looking to enter or expand their presence in Africa.
Underlying macroeconomic factors: The Processed & Frozen Vegetables Market of the Vegetables Market within The Food market is heavily influenced by macroeconomic factors in Africa. The continent's economic growth and stability, as well as its fiscal policies, greatly impact the performance of the market. Countries with strong economic growth and stable political environments, such as South Africa and Nigeria, have a higher demand for processed and frozen vegetables due to increased disposable income and changing dietary preferences. On the other hand, countries with weaker economies and political instability, such as Sudan and Somalia, have a lower demand for these products. Additionally, investment in infrastructure and technological advancements in the food industry also play a significant role in the growth of the market in Africa.
Data coverage:
The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).Modeling approach:
Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights