Key Market Indicators
German food sales are projected to climb to approximately €226 billion by 2028, up from €207 billion in 2023. This marks an average annual growth rate of 1.4%. Since 2010, the German market has experienced a steady increase of 2.3% per year. In the competitive landscape, France, Italy, and Spain hold the second, third, and fourth spots, respectively, in food sales rankings. Meanwhile, German food expenditures are forecasted to reach nearly €234 billion by 2028, rising from €197 billion in 2023. This represents a compound annual growth rate (CAGR) of 2.8%. Since 2000, German demand has surged at an annual rate of 4.5%. France, Italy, and the United Kingdom trail Germany in food expenditure rankings, occupying the second, third, and fourth positions, respectively.
