Key Market Indicators
Czech food sales are projected to climb to €12.7 billion by 2028, marking a modest increase from the €12.3 billion recorded in 2023. This growth represents an average annual rise of 0.5% over the next five years. Notably, since 2010, the Czech food market has experienced a steady annual increase of 0.8%. In contrast, Czech food expenditures are on a much steeper upward trajectory. By 2028, expenditures are expected to reach €23.3 billion, up from €19.1 billion in 2023. This reflects a compound annual growth rate (CAGR) of 3.1%. Since 2000, the demand for food in the Czech Republic has surged, with annual growth averaging 6.5% year on year.