Key Market Indicators
Luxembourger Cereal Products Sales are projected to hit €332 million by 2028, up from €291 million in 2023. This marks an average annual growth rate of 2.1%. Since 2013, the Luxembourger market has seen a consistent rise, averaging 2.3% growth per year. In 2023, Luxembourg ranked 29th globally in cereal product sales, trailing behind Bosnia and Herzegovina, which also reported sales at €291 million. The top three in this ranking were Germany, Italy, and the United Kingdom, respectively. Production of cereal products in Luxembourg is also on the rise, expected to reach €309 million by 2028 from €268 million in 2023. This represents an average yearly growth of 2.2%. Since 2013, the country's cereal production has grown by an average of 2.5% annually. In 2023, Luxembourg held the 29th spot in global production rankings, again trailing Bosnia and Herzegovina with €268 million. Germany, Italy, and the United Kingdom were the top three producers in this category.
