Processed & Frozen Vegetables - Burkina Faso

Burkina Faso

Highlights

Revenue in the Processed & Frozen Vegetables market amounts to US$29.55m in 2024. The market is expected to grow annually by 4.96% (CAGR 2024-2029).
In global comparison, most revenue is generated China (US$58bn in 2024).
In relation to total population figures, per person revenues of US$1.24 are generated in 2024.
In the Processed & Frozen Vegetables market, volume is expected to amount to 22.63m kg by 2029. The Processed & Frozen Vegetables market is expected to show a volume growth of 3.1% in 2025.0.
The average volume per person in the Processed & Frozen Vegetables market is expected to amount to 0.8kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

The Processed & Frozen Vegetables Market in Burkina Faso is experiencing minimal growth due to factors such as limited technological advancements, low consumer awareness, and lack of convenience in online services. Despite this, the market is expected to grow in the coming years as the demand for healthy and convenient food options increases.

Customer preferences: Consumers in Burkina Faso are increasingly opting for convenience and accessibility when it comes to their food choices, leading to a rise in demand for processed and frozen vegetables. The fast-paced lifestyle and urbanization have resulted in a shift towards ready-to-eat options, making frozen vegetables a popular choice. Additionally, with the growing health consciousness, consumers are opting for frozen vegetables as they are perceived to be healthier and more nutritious than canned or preserved options.

Trends in the market: In Burkina Faso, the Processed & Frozen Vegetables Market of the Vegetables Market within The Food market is experiencing a trend towards healthier and more convenient options. This is driven by a growing demand for ready-to-eat meals and a desire for longer shelf life of products. Additionally, there is a rising preference for locally sourced and organic products. These trends are significant as they reflect a shift towards healthier eating habits and a more sustainable food system. This could potentially lead to increased competition among industry stakeholders and a need for innovation to meet consumer demands.

Local special circumstances: In Burkina Faso, the Processed & Frozen Vegetables Market of the Vegetables Market within The Food market is heavily influenced by the country's tropical climate, which allows for the cultivation of a wide variety of vegetables. Additionally, the local cuisine heavily relies on fresh and local produce, making the demand for processed and frozen vegetables relatively low. Furthermore, the country's limited infrastructure and lack of cold storage facilities pose challenges for the distribution of frozen vegetables, making them less accessible to the majority of the population. These factors contribute to a slower growth rate in the Processed & Frozen Vegetables Market compared to other markets.

Underlying macroeconomic factors: The Processed & Frozen Vegetables Market within The Food market is heavily influenced by macroeconomic factors such as global trade policies, consumer purchasing power, and commodity prices. Countries with open trade policies and strong consumer demand for frozen foods are experiencing higher growth in the processed vegetables market. Furthermore, government initiatives promoting food security and investments in modern processing techniques are also contributing to the growth of the market. However, economic instability and fluctuations in commodity prices can impact market performance, influencing pricing strategies and consumer demand for processed and frozen vegetables.

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.