Key Market Indicators
Macedonian Food Sales are projected to hit approximately €775 million by 2028, up from around €731 million in 2023. This growth reflects a compound annual growth rate (CAGR) of 0.9%. Notably, since 2017, the market has seen a year-on-year increase of 1.3%. In a related trend, Macedonian Food Expenditures are expected to reach about €2.42 billion by 2028, rising from €2.2 billion in 2023. This equates to a CAGR of 1.5%. Over a longer period, since 2005, the demand for food in Macedonia has surged at an average annual rate of 2.4%.
