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Frozen food market in Europe

Update: 2015-02-05 14:01      View:
Bord Bia forecasts for the frozen food market in Western Europe estimate it will be worth USD 63,583.7 million in 2014, with an expected Compound annual growth rate (CAGR) of 3.4% between 2009 and 2014.
 
In volume terms, the frozen food market will grow at a CAGR of 2.1% between 2009 and 2014 and will reach 9,123.4 million kg in 2014. The frozen vegetables category was valued at over USD 5,000m in 2009 and, by the end of 2014, the frozen vegetables sector will be worth approximately USD 6,200m, with an expected CAGR of 4% between 2009 and 2014.
The frozen vegetables market volume totalled 1,500 million kg in 2009, and by the end of 2014, the frozen vegetables market will total over 1,800 million kg, with an expected CAGR of 2.6% between 2009 and 2014.
The forecast expenditure per capita in value terms goes from USD 10.6 in 2009 to USD 12.7 in 2014. The forecast consumption per capita (kg), goes from 3.3kg in 2009 to 3.7kg in 2014.

In value terms, forecasts for the frozen fruit market in Western Europe put growth at a CAGR of 3.7% between 2009 and 2014, to reach a value of USD 709.4m in 2014. In volume, the frozen fruit market is forecast to grow at a CAGR of 2.7% between 2009 and 2014, to total 135.4 million kg in 2014.

In Eastern Europe the frozen-vegetables category was valued at USD 541million
In 2009, and by the end of 2014, the frozen-vegetables category will be worth USD 673 million, with an expected CAGR of 4.5% between 2009 and 2014.
The frozen vegetables market volume totalled 221.5 million kg in 2009, and by the end of 2014, the frozen vegetables market will total 240.3 million kg, with an expected annual growth rate of 1.6% between 2009 and 2014.
 
The frozen fruit category was valued at USD 270.8m in 2009, and by the end of 2014, the frozen fruit category will be worth USD 342.7m, with an expected CAGR of 4.8% between 2009 and 2014.
The frozen fruit market volume totalled 73.6 million kg in 2009, and by the end of 2014, the frozen fruit market will total 87.5 million kg, with an expected CAGR of 3.5% between 2009 and 2014.
 
Source: ReportLinker