Vegetables - Ukraine

  • Ukraine
  • Revenue in the Vegetables market amounts to €6.99bn in 2024. The market is expected to grow annually by 8.56% (CAGR 2024-2029).
  • In global comparison, most revenue is generated in China (€146bn in 2024).
  • In relation to total population figures, per person revenues of €184.20 are generated in 2024.
  • In the Vegetables market, volume is expected to amount to 3.81bn kg by 2029. The Vegetables market is expected to show a volume growth of 4.1% in 2025.
  • The average volume per person in the Vegetables market is expected to amount to 85.5kg in 2024.

Key regions: Japan, United Kingdom, Philippines, India, Canada

 
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Analyst Opinion

The Vegetables Market in Ukraine is witnessing minimal growth, influenced by factors like fluctuating weather conditions, evolving consumer preferences for fresh produce, and an increasing demand for convenient processed options amid economic challenges.

Customer preferences:
Consumers in Ukraine are increasingly prioritizing fresh, locally sourced vegetables, reflecting a desire for healthier eating habits and support for local agriculture. This trend is further fueled by a growing awareness of sustainability and organic farming practices. Additionally, younger demographics are gravitating towards convenience, opting for pre-packaged or ready-to-cook vegetable options that fit their fast-paced lifestyles. Social media plays a significant role in influencing these preferences, as recipe sharing and cooking tutorials encourage innovative uses of vegetables in everyday meals.

Trends in the market:
In Ukraine, the Vegetables Market is experiencing a surge in demand for fresh, locally sourced produce, driven by consumers' increasing focus on health and sustainability. This trend is bolstered by a shift towards organic farming practices, as awareness of environmental impacts grows. Furthermore, younger consumers are leaning towards convenience, favoring pre-packaged and ready-to-cook vegetable options that align with their busy lifestyles. Social media platforms are pivotal in shaping these preferences, as they promote innovative recipes and cooking techniques, thus influencing purchasing behaviors and potentially reshaping the supply chain dynamics for industry stakeholders.

Local special circumstances:
In Ukraine, the Vegetables Market is significantly influenced by the country's fertile soil and diverse climate, which allow for a wide variety of vegetable cultivation. Cultural traditions emphasize fresh produce in daily diets, fostering a strong preference for locally sourced options. Additionally, regulatory support for organic farming and sustainable practices aligns with consumer demand for health-conscious products. The ongoing conflict has also reshaped supply chains, encouraging local sourcing to ensure food security and resilience, further driving the trend towards fresh, accessible vegetables.

Underlying macroeconomic factors:
The Vegetables Market in Ukraine is shaped by significant macroeconomic factors, including national economic health, inflation rates, and agricultural policies. The country's commitment to agricultural development, supported by government incentives for sustainable practices, enhances productivity and market stability. Global economic trends, such as rising commodity prices and shifts in trade dynamics, also impact local vegetable pricing and availability. Additionally, consumer preferences for organic and locally sourced produce are driving demand, while challenges like supply chain disruptions due to conflict necessitate adaptive strategies among producers to maintain food security and market resilience.

Methodology

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.

Visión general

  • Revenue
  • Volume
  • Price
  • Sales Channels
  • Global Comparison
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
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