Processed & Frozen Vegetables - Haiti

Haiti

Highlights

Revenue in the Processed & Frozen Vegetables market amounts to US$19.78m in 2024. The market is expected to grow annually by 9.65% (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$1.67 are generated in 2024.
In the Processed & Frozen Vegetables market, volume is expected to amount to 4.68m kg by 2029. The Processed & Frozen Vegetables market is expected to show a volume growth of 1.2% in 2025.0.
The average volume per person in the Processed & Frozen Vegetables market is expected to amount to 0.4kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

The Processed & Frozen Vegetables Market in Haiti is experiencing slow growth, influenced by factors such as limited access to technology, low consumer awareness of health benefits, and logistical challenges in the food industry.

Customer preferences: As consumer awareness around the environmental impact of food production grows, there is a rising demand for sustainable and eco-friendly options in the Processed & Frozen Vegetables Market. This has led to an increase in the availability of organic, non-GMO, and locally sourced frozen vegetables. Additionally, there is a growing preference for plant-based diets, leading to a rise in the popularity of frozen vegetable alternatives to meat products, such as veggie burgers and meatless meatballs. These shifts in consumer preferences are driven by a desire for healthier, more environmentally friendly food options.

Trends in the market: In the Haitian market, the Processed & Frozen Vegetables Market within the Vegetables Market is witnessing an increase in demand for organic and locally-sourced products. This is due to consumers becoming more health-conscious and concerned about the environmental impact of food production. In addition, there is a growing trend of using e-commerce platforms to purchase vegetables, as well as a rise in the availability of ready-to-eat frozen vegetable options. These trends indicate a shifting consumer preference towards convenience and sustainability, which could have implications for industry stakeholders to adapt their production and marketing strategies accordingly.

Local special circumstances: In Haiti, the Processed & Frozen Vegetables Market is heavily influenced by the country's tropical climate and limited access to modern freezing technologies. This creates a demand for locally sourced, fresh frozen vegetables, as well as a reliance on traditional methods of preservation, such as canning. Additionally, Haiti's unique cultural preferences and dietary habits play a significant role in shaping the market, with a strong demand for spicy and flavorful vegetables. Government regulations and trade agreements also impact the market, with strict import restrictions on certain vegetables and a push towards more sustainable farming practices.

Underlying macroeconomic factors: The Processed & Frozen Vegetables Market of the Vegetables Market within The Food market is greatly influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other financial indicators. Countries with stable economic conditions and favorable policies for the food industry are experiencing higher market growth compared to regions with economic challenges and limited government support. Additionally, the increasing demand for convenient and healthy food options, along with the growing population and urbanization, are driving the demand for processed and frozen vegetables in the global market.

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.