Key Market Indicators
Lithuania's food processing industry is projected to generate approximately €465 million in revenue by 2028, up from around €432 million in 2023. This represents an average annual growth rate of 1%. Since 2015, the Lithuanian market has seen a steady yearly increase of about 5%. In 2023, Lithuania ranked 22nd in the global food processing market, with Slovakia narrowly ahead at €432 million. France, Germany, and Italy held the second, third, and fourth positions, respectively, in the same ranking.
