Key Market Indicators
Macedonian Food Processing Revenue is projected to hit €60 million by 2028, up from €56 million in 2023, marking a compound annual growth rate (CAGR) of 1.1%. The sector has seen a steady increase of 2.5% annually since 2016. In 2023, Macedonia ranked 27th in the European food processing market, with Cyprus slightly ahead at €56 million. Leading the rankings were France, Germany, and Italy, occupying the second, third, and fourth spots respectively.
