Market Size of Germany Frozen Snack Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.06 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Germany Frozen Snack Market Analysis
The German frozen snack market is projected to record a CAGR of 6.06% during the forecast period (2020-2025).
- Frozen food products have been gaining more popularity over the years. The fact that these products are popular and in great demand in Germany is shown by the latest market data survey by Deutsches Tiefkühlinstitut, the Association of the Frozen Food Industry, in Germany. In 2017, the total sales of frozen products in Germany increased to 3,730 million metric ton (3,632 million metric ton in 2016).
- Many consumers are increasingly looking for a convenient frozen snack, which delivers health benefits, tastes good, and offers a healthy snacking experience. Other factors, such as packaging and shelf-life enhancement, are further contributing to the growth opportunities of the frozen snack market.