In 2023, Switzerland led European business expenditure on R&D in the food, beverages, and tobacco products manufacturing sector with significant per capita spending. Belgium and Sweden followed, with Sweden experiencing a notable increase of 30.45% from 2022. Finland's expenditure slightly decreased, while Poland saw a substantial rise. Smaller markets like Serbia and Malta faced declines. Over the past five years, growth varied significantly, with some countries showing steady increments, while others encountered fluctuations.
Looking forward, Europe is likely to see continued divergence in R&D spending across countries. Emerging markets like Poland could further accelerate investments as they seek competitive advantages, while established markets may focus on sustainable and innovative solutions, driven by regulatory and consumer demands in the sector.
Top countries in Business Expenditure on R&D in Food, Beverages and Tobacco Products Manufacturing by Country
| # | 10 Countries | Euros Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 112.74 | 2023 | +0.49% | +2.19% | View data |
| 2 | 2 Belgium | 31.71 | 2023 | +4.88% | +5% | View data |
| 3 | 3 Sweden | 29.42 | 2023 | +17.11% | +30.45% | View data |
| 4 | 4 Finland | 11.94 | 2023 | -0.43% | -0.2% | View data |
| 5 | 5 Italy | 8.68 | 2023 | +4.15% | +3.42% | View data |
| 6 | 6 Portugal | 6.71 | 2023 | +2.54% | +0.62% | View data |
| 7 | 7 Spain | 6.36 | 2021 | View data | ||
| 8 | 8 Poland | 4.8 | 2023 | +23.91% | +15.56% | View data |
| 9 | 9 Hungary | 4.14 | 2021 | View data | ||
| 10 | 10 Croatia | 1.85 | 2023 | +5.96% | View data |
