In 2023, Germany led European household food expenditure with 196.48 billion Euros, followed by France and Italy, each spending 170.75 and 158.15 billion Euros respectively. Among smaller economies, Austria and Ireland demonstrated modest spending compared to larger countries. Year-on-year analysis from 2023 shows significant growth in Latvia and Estonia with increases of 9.96% and 7.15% respectively, indicating dynamic economic changes impacting food expenditure. Lithuania showed substantial growth at 5.96%, while Portugal had a notable increase of 6.55%, hinting at growing consumer confidence and possibly inflationary pressures impacting food costs.
Future trends to watch include potential inflation effects on food costs, changing dietary preferences towards sustainable and organic foods, and impacts of digital transformation in grocery retail. Economies like Latvia and Estonia may continue to experience robust growth, whereas mature markets such as Germany and France may see steadier increments largely influenced by demographic and technological shifts.
Top countries in Household Expenditure on Food by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 196,480 | 2023 | +3.73% | +4.47% | View data |
| 2 | 2 France | 170,750 | 2023 | +2.2% | +2.82% | View data |
| 3 | 3 Italy | 158,150 | 2023 | +1.83% | +2.33% | View data |
| 4 | 4 Spain | 95,100 | 2023 | +1.55% | +2.85% | View data |
| 5 | 5 Belgium | 30,820 | 2023 | +2.57% | +3.13% | View data |
| 6 | 6 Portugal | 29,580 | 2023 | +8.28% | +6.55% | View data |
| 7 | 7 Greece | 25,000 | 2023 | +3.65% | +4.3% | View data |
| 8 | 8 Austria | 20,390 | 2023 | +1.48% | +3.32% | View data |
| 9 | 9 Ireland | 8,630 | 2023 | +1.76% | +2.57% | View data |
| 10 | 10 Lithuania | 7,230 | 2023 | +2.7% | +5.96% | View data |
