Key Market Indicators
Maltese food expenditures are projected to surge to approximately €994 million by 2028, an increase from €892 million in 2023. This marks an average annual growth rate of 1.7%. The demand for food in Malta has seen a consistent rise, averaging a 2.5% increase each year since 2000. In a related sector, Maltese food sales stood at roughly €356 million in 2020, experiencing a slight decline from the €364 million recorded in 2019.