Key Market Indicators
Estonian Food Expenditures are projected to climb to €4.2 billion by 2028, up from €3.4 billion in 2023. This represents an average annual growth rate of 3.6%. Since 2000, the demand for food in Estonia has increased by an average of 7.7% per year. In 2023, Estonia ranked 28th globally, with Slovenia surpassing it with €3.4 billion in expenditures. France, Italy, and the United Kingdom held the second, third, and fourth spots, respectively. Meanwhile, Estonian Food Sales are expected to rise to €2.3 billion by 2028, from €2 billion in 2023. This marks a compound annual growth rate (CAGR) of 2.1%. Since 2010, the Estonian market has seen an annual increase of 3.6%. In 2023, Estonia ranked 27th in food sales, again overtaken by Slovenia with €2 billion. France, Italy, and Spain took the second, third, and fourth positions, respectively.
