In 2024, Germany leads in European household expenditure on food with 26.06 million euros, followed by France and Italy with 22.64 and 20.97 million euros, respectively. Smaller economies like Latvia and Estonia exhibit high year-on-year growth at 9.96% and 7.15%, while larger countries like Germany and France show modest increases of 4.47% and 2.82% for 2023. Over the past five years, Portugal and the Baltic states have witnessed significant compounded annual growth rates in expenditure, suggesting robust development.
Future trends to monitor include how inflation and economic factors across Europe might affect household spending on food. The increasing focus on health-conscious and sustainable products could shift expenditure patterns. Additionally, emerging markets within Europe may continue to see higher growth rates compared to established economies.
Top countries in Household Expenditure on Food Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26.06 | 2023 | +3.73% | +4.47% | View data |
| 2 | 2 France | 22.64 | 2023 | +2.2% | +2.82% | View data |
| 3 | 3 Italy | 20.97 | 2023 | +1.83% | +2.33% | View data |
| 4 | 4 Spain | 12.61 | 2023 | +1.55% | +2.85% | View data |
| 5 | 5 Belgium | 4.09 | 2023 | +2.57% | +3.13% | View data |
| 6 | 6 Portugal | 3.92 | 2023 | +8.28% | +6.55% | View data |
| 7 | 7 Greece | 3.32 | 2023 | +3.65% | +4.3% | View data |
| 8 | 8 Austria | 2.7 | 2023 | +1.48% | +3.32% | View data |
| 9 | 9 Ireland | 1.14 | 2023 | +1.76% | +2.57% | View data |
| 10 | 10 Lithuania | 0.96 | 2023 | +2.7% | +5.96% | View data |
