European Food Ingredient Trends in 2024
Food Ingredient is part of Food Manufacturing and includes a number of sub-sectors such as Sweeteners, Gelatin, Baker's Yeast and Starch. You may also be interested in Food Waste.
European food expenditures are projected to hit €1.3 trillion by 2028, up from approximately €1.2 trillion in 2023. This represents an average annual growth rate of 1.7%. Since 2019, demand for food in Europe has increased by an average of 3.5% each year. Meanwhile, European food sales are expected to reach nearly €1.3 trillion by 2028, rising from around €1.2 trillion in 2023. The market is growing at an average annual rate of 1.2%. Since 2019, the European food market has expanded by an average of 1.6% per year.
World Food Ingredient Market Data and Forecasts
How much the Food Ingredient industry is expected to grow to 2028?
World Food Ingredient Top Rankings
Global Food Ingredient Statistics
- Shipping Freight Volume 66 countries (Western Europe, Europe, Germany...)
- Starch Import 201 countries (Asia, Southeast Asia, Africa...)
- Starch Export 201 countries (Asia, Southeast Asia, Latin America...)
- Grains Production 216 countries (Western Europe, Germany, Europe...)
- Organic Chemicals Import 191 countries (Asia, Africa, Sub-Saharan Africa...)
- Gelatin Import 187 countries (Africa, Sub-Saharan Africa, Asia...)
- Maize Import 223 countries (Asia, Africa, Latin America...)
- Potatoes Import 220 countries (Europe, Asia, Africa...)
- Baby Food Import 217 countries (Europe, Asia, Western Europe...)
- Wheat Import 223 countries (Europe, Africa, Asia...)