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Food Manufacturing Market Outlook 2022 - 2026

Daily Updated Industry Statistics and Top Emerging Trends about the Food Manufacturing Industry

Global Food Manufacturing Trends in 2022

Food Manufacturing is part of Agribusiness and includes a number of sub-sectors such as Food Waste and Food Ingredient. You may also be interested in Agriculture, Forestry and Beverage.

Global food production is estimated to reach nearly $4.5 trillion by 2026, up 1.1% annually on average since 2021. This is significantly higher than the 1.5% growth seen since 1966. Meanwhile, in Europe, food sales are expected to total €1.2 trillion by 2026, representing a 0.9% annual growth rate since 2021. This is a slight drop from the 2.5% growth seen since 2016. Food expenditures in Europe are set to reach €1.1 trillion by 2026, increasing at a rate of 1% per year since 2021. This is a slight decrease from the 2.6% growth seen since 2016.

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