Key Market Indicators
Norwegian food sales are projected to hit approximately €24.9 billion by 2028, up from around €22.8 billion in 2023. This represents an average annual growth rate of 1.4%. However, it's worth noting that since 2012, the Norwegian market has experienced a slight decline, decreasing by 0.2% year on year. In a parallel trend, Norwegian food expenditures are anticipated to reach about €17.3 billion by 2028, rising from €16.1 billion in 2023. This signifies an annual compound growth rate of 1.2%. Since 1980, the demand for food in Norway has shown a more robust increase, growing by 2% year on year.
