Forecast: Output of Food, Beverages and Tobacco in Germany

In 2023, the output value of the food, beverages, and tobacco sector in Germany stood at approximately 209.0 billion Euros. The forecasted data for 2024 to 2028 shows a steady annual growth pattern in this sector. From 2023 to 2024, the output is expected to increase by 1.44%. Year-on-year growth rates for the subsequent years indicate consistent growth: 1.44% for 2025, 1.40% for 2026, 1.37% for 2027, and 1.34% for 2028. The compound annual growth rate over this period is projected to be around 1.4%.

Future trends to watch for:

  • Sustainability and eco-friendly practices evolving alongside consumer preferences.
  • Technological advancements, including automation and AI, enhancing productivity and efficiency.
  • Potential regulatory changes in health, safety, and environmental standards impacting operations.

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