Processed & Frozen Vegetables - CIS

CIS

Highlights

Revenue in the Processed & Frozen Vegetables market amounts to US$8.05bn in 2024. The market is expected to grow annually by 10.23% (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$33.16 are generated in 2024.
In the Processed & Frozen Vegetables market, volume is expected to amount to 4.21bn kg by 2029. The Processed & Frozen Vegetables market is expected to show a volume growth of 5.5% in 2025.0.
The average volume per person in the Processed & Frozen Vegetables market is expected to amount to 13.8kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

The Processed & Frozen Vegetables Market in CIS is experiencing mild growth, driven by factors such as increasing demand for convenient and healthy food options. This growth rate is impacted by factors such as changing dietary preferences and the growing popularity of frozen foods in the region.

Customer preferences: The growing demand for convenient and healthy food options has led to an increase in the consumption of sustainably sourced and minimally processed frozen vegetables. This trend is driven by the rising awareness of the health benefits of frozen vegetables and the desire for quick and easy meal solutions. Additionally, the shift towards plant-based and vegan diets has also contributed to the growth of the Processed & Frozen Vegetables Market within the Vegetables Market, as consumers seek more sustainable and ethical food choices.

Trends in the market: In the CIS region, the Processed & Frozen Vegetables market is experiencing a growing demand for convenience and healthier food options. This has led to an increase in the production of frozen vegetable mixes and ready-to-eat frozen meals. In addition, there is a trend towards using more sustainable packaging materials and implementing technology to improve the efficiency of production processes. These developments are significant as they cater to the evolving consumer preferences for convenient and sustainable food options. Industry stakeholders should continue to invest in research and development to capitalize on these trends and stay competitive in the market.

Local special circumstances: In the CIS region, the Processed & Frozen Vegetables Market of the Vegetables Market within The Food market is influenced by the region's harsh climate and limited arable land. This has resulted in a high demand for frozen and processed vegetables as a means of year-round availability. Additionally, government regulations on food safety and import/export policies have a significant impact on market dynamics. In contrast, the market in North America is driven by consumer preference for fresh and organic produce, leading to a higher demand for locally sourced vegetables.

Underlying macroeconomic factors: The Processed & Frozen Vegetables Market of the Vegetables Market within The Food market is heavily influenced by macroeconomic factors such as global economic trends, national economic health, and fiscal policies. For instance, countries with stable economic conditions and favorable fiscal policies are likely to experience higher market growth compared to regions with economic instability and unfavorable fiscal policies. Moreover, the increasing demand for convenience foods and the rising consumption of processed and frozen vegetables in developed and emerging economies are also contributing to the growth of this market. Furthermore, the growing focus on sustainable and environmentally-friendly practices in the food industry is expected to drive the demand for processed and frozen vegetables in the coming years.

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.