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 Malta is experiencing minimal growth, influenced by factors such as limited demand due to traditional dietary habits, lack of infrastructure for frozen food storage, and competition from fresh produce.
Customer preferences: As the demand for convenience and time-saving options continues to grow, there has been a notable shift towards processed and frozen vegetables in the market. This is driven by busy lifestyles and the need for quick meal solutions. Additionally, health-conscious consumers are also gravitating towards frozen vegetables as they are perceived to retain more nutrients compared to their fresh counterparts. This trend is also influenced by the increasing availability and variety of frozen vegetable options in the market.
Trends in the market: In Malta, the Processed & Frozen Vegetables Market within The Food market is experiencing a trend towards healthier and more convenient options. With an increasing focus on health and wellness, consumers are turning to frozen and processed vegetables as a convenient way to incorporate more nutrients into their diets. This trend is expected to continue as more consumers prioritize health and convenience in their food choices. As a result, industry stakeholders should consider expanding their offerings in this segment to cater to the growing demand and stay competitive in the market. Additionally, investing in innovative freezing and processing technologies can help improve the quality and shelf life of these products, further driving their popularity among consumers.
Local special circumstances: In Malta, the Processed & Frozen Vegetables Market of the Vegetables Market within The Food market is heavily influenced by the country's small size and limited agricultural land. This has led to a high demand for imported frozen vegetables, especially from neighboring countries like Italy and Spain. Additionally, the Maltese culture places a strong emphasis on fresh and locally grown produce, which can pose a challenge for frozen vegetable suppliers. Furthermore, the country's strict food safety regulations and labeling requirements also play a significant role in shaping the market dynamics.
Underlying macroeconomic factors: The Processed & Frozen Vegetables Market of the Vegetables Market within The Food market is greatly impacted by macroeconomic factors such as trade policies, consumer spending, and technological advancements. Countries with open trade policies and strong consumer spending power are experiencing higher demand for processed and frozen vegetables, while those with restrictive trade policies and low consumer spending face challenges in market growth. Additionally, technological advancements in processing and freezing technologies have resulted in increased efficiency and cost-effectiveness, driving the demand for these products in the 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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights