Luxembourg Food Industry Outlook 2022 - 2026

Key Market Indicators

Food sales in Luxembourg are expected to reach nearly €855 million by 2026, up from €798 million in 2021. This represents an annual growth rate of around 1%. Since 2014, the market has increased by 0%. In 2021, Luxembourg was ranked 32nd, with Cyprus taking the lead at €798 million. France, Italy and Spain came in at second, third and fourth place in this ranking, respectively. Food expenditures in Luxembourg are projected to reach €1.84 billion by 2026, up from €1.68 billion in 2021. This translates to an average year-on-year growth of 1.5%. Since 2000, demand has increased by 2.3% annually. In 2021, Luxembourg came in 32nd, with Cyprus ahead at €1.68 billion. France, Italy and the UK placed second, third and fourth in this ranking. Food production in Luxembourg is expected to reach $314.4 million by 2026, up from $298 million in 2021. The average year-on-year growth rate is 0.9%. Since 2005, supply has risen by 2.4% each year. In 2021, Luxembourg ranked 131st, with Kuwait ahead at $298 million. India, the US and Brazil took the top three places in this ranking.

Luxembourg Food Market Data and Forecasts

Improve your Knowledge with the latest Indicators and Trends

• Organic Food and Beverages: Unpacking Retail Trends and Global Market Strategies

  Consumer buying behavior has seen a noticeable tilt, with a growing preference for organic food and beverages in recent years. These preferences primarily stem from an increased understanding of health and wellness, coupled with concerns about the environmental impacts of conventional farming. The burgeoning middle-class population, armed with increased purchasing...

  Discover more insights

• Processed Food: Comparative Insights on Fish and Meat Market Dynamics

  The global market for processed foods paints an active tableau of trends and counter-trends. In this context, the processed fish and meat market segments exhibit distinct dynamics. While the processed fish market is steadied by a growing consumer inclination towards lean protein options, the meat segment is challenged by concerns...

  Discover more insights

• Bulk Food Ingredients: Unearthing Global Opportunities and Trends in Distribution, Applications, and Types

  Changes in global trade and consumer preferences are influencing the distribution trends of high quantity food constituents. An emerging pattern is leaning towards the integration of digital platforms for direct-to-consumer delivery, aiming to optimize supply chain efficiency and meet increasing consumer demand for transparency. Additionally, government policies influence the global...

  Discover more insights

• Economic Outlook: Unveiling Key Trends and Forecasts in Global Macroeconomics

  Global economic trends indicate a mixed bag of opportunities and challenges. Currently, multiple economies are transitioning from recovery to growth post Covid-19, which is fueled by accelerated vaccination drives and adaptability to new norms. Trade trends are rapidly evolving with a visible shift from protectionism to regional cooperation. Technology-led innovations...

  Discover more insights

• Packaged Food Industry: Evaluating Hershey Company's Global Market Impact

  In the worldwide arena of packaged foods, Hershey Company holds a critical position. With a rich catalog of confectionery products, Hershey has established itself as a market leader, leveraging on product innovation, strategic acquisitions and a robust distribution network. The firm's market presence is well articulated, spanning across different geographic...

  Discover more insights