Key Market Indicators
The Greek food market is projected to experience steady growth over the next five years. Sales are expected to climb to approximately €16 billion by 2028, up from €15 billion in 2023. This reflects an average annual growth rate of 1.3%. The market has seen a consistent increase since 2013, with a year-on-year growth rate of 1.6%. In terms of consumer spending, Greek food expenditures are forecasted to rise significantly. By 2028, expenditures are set to reach nearly €30 billion, compared to €25 billion in 2023. This indicates a compound annual growth rate (CAGR) of 2.6%. Since the year 2000, demand for food in Greece has grown at an average rate of 4.4% annually. These figures underscore a robust and expanding food sector in Greece, driven by increasing consumer demand and steady market performance.
