Frozen vegetables excluding potatoes, legumes and maize market in Americas

Earlier Report Observations

From 2018 to 2023, the market volume for frozen vegetables in the Americas showed significant volatility. After declining from 579.1 thousand tons in 2018 to 542.8 thousand tons in 2019, the market dropped sharply to 227.6 thousand tons in 2020. A slight stabilization occurred in 2021 at 230.9 thousand tons, but volume fell again to 216.1 thousand tons in 2022. By 2023, the market grew to 246.1 thousand tons, a 14% increase from the previous year.

Between 2022 and 2024, key market developments included a rise in online frozen food sales in the US, which increased from 0.9% in 2019 to 2.9% in 2022, indicating a consumer shift towards e-commerce. Product innovations, such as the launch of Green Giant's Crispy Smashed Potatoes and Veggie Ramen lines, along with the introduction of twelve new frozen vegetable products in 2024, expanded variety. These innovations, coupled with sustained consumer demand for convenient and plant-based options, supported market growth in 2023.

Production frozen vegetables excluding potatoes, legumes and maize in Americas

In kind, 2017-2020, K t

Top producers of frozen vegetables excluding potatoes, legumes and maize, 2017-2020

World map of production of frozen vegetables excluding potatoes, legumes and maize, 2017-2020

Production of frozen vegetables, excluding potatoes, legumes, and maize, in the Americas declined for the second year in a row. In 2020, output reached 643.2 thousand tons, representing a 2.1% decrease from the previous year. Looking at the period from 2017 to 2020, production fell by 7.7%, with an average annual decline of 2.6%. The highest production level was recorded in 2018 at 759.3 thousand tons, which saw a 9.0% increase. The sharpest drop occurred in 2019, with a 13.5% decrease.

Annual dynamics of production in Americas in kind, 2017-2020, K t

In value, 2017-2020, M $ US

In 2020, the value of frozen vegetable production, excluding potatoes, legumes, and maize, in the Americas stood at 7 421 million US dollars, marking a strong 10.3% increase from the previous year. From 2017 to 2020, production value rose by 5.6%, equivalent to an annualized growth rate of 1.8%. The lowest value was recorded in 2019 at 6 729 million US dollars, reflecting a 20.1% decline. The peak was in 2018 at 8 426 million US dollars, which saw a 19.9% increase.

Annual dynamics of production in Americas in value, 2017-2020, M $ US

Exports frozen vegetables excluding potatoes, legumes and maize from Americas

Exports in kind, K t

The market exhibited volatility during the observed period. Exports reached their lowest point in 2017 and peaked in 2020, with a 3.7-fold difference between these years. In 2020, exports of frozen vegetables, excluding potatoes, legumes, and maize, from the Americas totaled 524.7 thousand tons, up by 141.5% from 2019. The largest decline was recorded in 2019 at 17.8%.

Annual dynamics of product's exports from Americas in kind, 2017-2020, K t

From 2017 to 2020, exports of frozen vegetables, excluding potatoes, legumes, and maize, from the Americas were not concentrated among a few key destinations. Japan accounted for 6.2% of exports, Germany for 1.6%, and Spain for 0.8%, with these three countries together making up only 8.5% of total flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Americas in kind, 2017-2020

Exports in value, M $ US

In 2020, the Americas exported 807.9 million US dollars worth of frozen vegetables, excluding potatoes, legumes, and maize, an 8.9% increase from the previous year. Over the period from 2017 to 2020, exports grew by 30.9%, with an average annual growth rate of 9.4%. The highest value was recorded in 2018 at 833.7 million US dollars, which saw a 35.1% increase. The largest decline occurred in 2019 at 11.1%.

Annual dynamics of product's exports from Americas in value, 2017-2020, M $ US

Between 2017 and 2020, Japan, Spain, and Germany were the largest buyers of frozen vegetables, excluding potatoes, legumes, and maize, from the Americas in value terms. Japan accounted for 9.6% of exports, Spain for 2.0%, and Germany for 1.7%, but their combined share was limited to 13.2% of total exports, indicating a diversified country structure.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Americas in value, 2017-2020

Imports frozen vegetables excluding potatoes, legumes and maize to Americas

Imports in kind, K t

Market behavior was characterized by volatility during these years. Imports varied significantly, with a low in 2018 and a high in 2017, showing a 5.3-fold difference. In 2020, imports of frozen vegetables, excluding potatoes, legumes, and maize, into the Americas amounted to 109.1 thousand tons, a moderate 5.5% increase from 2019. The lowest value was recorded in 2018 at 84.0 thousand tons, which saw an 81.0% decline. The largest increase occurred in 2019 at 23.1%.

Annual dynamics of product's imports to Americas in kind, 2017-2020, K t

From 2017 to 2020, imports of frozen vegetables, excluding potatoes, legumes, and maize, into the Americas were not heavily concentrated. Belgium accounted for 17.7% of imports, China for 15.6%, and Spain for 7.8%, with these three countries together capturing only 41.1% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Americas in kind, 2017-2020

Imports in value, M $ US

Imports of frozen vegetables, excluding potatoes, legumes, and maize, into the Americas increased for the third consecutive year. In 2020, imports reached 222.4 million US dollars, showing a 5.5% rise from the previous year. Over the period from 2017 to 2020, imports grew by 40.7%, with an average annual growth rate of 12.1%.

Annual dynamics of product's imports to Americas in value, 2017-2020, M $ US

The market base for imports in value terms from 2017 to 2020 was broad. Belgium accounted for 14.2% of imports, China for 13.1%, and Spain for 7.1%, with these three countries jointly making up just 34.4% of total flows, while the remaining 65.6% was distributed among numerous other countries.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Americas in value, 2017-2020