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 Eastern Europe is experiencing subdued growth, impacted by factors such as changing consumer preferences and economic instability. Despite this, the market is expected to continue growing due to increasing demand for convenient, healthy food options.
Customer preferences: Consumers in Eastern Europe are increasingly opting for convenience and time-saving options when it comes to food consumption, leading to a rise in demand for processed and frozen vegetables. This trend is driven by the fast-paced lifestyle of urban populations and the desire for quick and easy meal solutions. Additionally, the growing awareness of health and wellness among consumers is also fueling the demand for frozen vegetables, as they are perceived as a healthier alternative to canned or processed foods.
Trends in the market: In Eastern Europe, the Processed & Frozen Vegetables Market within The Food market is experiencing a surge in demand for healthier and more convenient options. This trend is driven by the increasing awareness of the benefits of consuming vegetables and the growing preference for ready-to-eat meals. As a result, industry players are investing in innovative technologies to enhance the quality and shelf life of their products. Furthermore, the rising popularity of plant-based diets and the shift towards sustainable food production are also driving the growth of this market. These trends are expected to continue in the coming years, creating opportunities for industry stakeholders to expand their product portfolios and tap into new markets.
Local special circumstances: In Eastern Europe, the Processed & Frozen Vegetables Market of the Vegetables Market within The Food market is influenced by the region's climate and growing conditions. Due to the colder climate and shorter growing season, there is a higher demand for frozen and preserved vegetables. Additionally, cultural preferences for traditional dishes that require preserved or pickled vegetables also drive market demand. Furthermore, regulatory policies, such as import restrictions and food safety regulations, impact the availability and pricing of processed and frozen vegetables in this market.
Underlying macroeconomic factors: The Processed & Frozen Vegetables Market within The Food market is greatly influenced by macroeconomic factors in Eastern Europe. The region's economic health, fiscal policies, and other financial indicators have a significant impact on the market's performance. Countries with stable economic growth and government support for the food industry are experiencing higher demand for processed and frozen vegetables. On the other hand, regions with slower economic growth and limited investments in the food sector are facing challenges in market growth. The rising demand for convenience foods and the increasing awareness of healthy eating habits are also major drivers of the processed and frozen vegetables market in Eastern Europe.
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