Key Market Indicators
Luxembourger food expenditures are projected to increase significantly over the next five years. By 2028, spending on food in Luxembourg is expected to reach approximately €2.74 billion, up from €2.17 billion in 2023. This represents an average annual growth rate of 3.7%. The trend of rising food demand in Luxembourg has been notable since the turn of the millennium, with an average annual increase of 6.5% since 2000. This growth underscores the escalating consumption patterns and possibly changes in dietary preferences among Luxembourgers. In parallel, food sales in the country are also set to see a modest rise. By 2028, food sales are anticipated to climb to around €829 million, from €812 million in 2023. This marks an average annual growth rate of 0.3%. Since 2014, the Luxembourger food market has experienced a steady increase, with sales growing at an average annual rate of 0.8%. This steady climb reflects a consistent upward trend in the market over the past decade.
