Key Market Indicators
The Norwegian food processing industry is projected to see a modest revenue increase, reaching approximately €3.32 billion by 2028. This marks a slight growth from the current €3.22 billion in 2023, averaging a 0.5% annual increase. Despite this growth, the Norwegian market has remained relatively stagnant over the past decade, showing no significant year-on-year change since 2013. In the 2023 rankings, Norway secured the ninth position in the European food processing sector. Belgium surpassed Norway with revenues also at around €3.22 billion. Leading the pack, France, Germany, and Italy claimed the second, third, and fourth spots, respectively, underscoring their dominant presence in the industry.
