In 2023, Germany led the European production of food, beverages, and tobacco with a share of 28.35 million euros. Italy and Spain followed, contributing 21.13 and 18.68 million euros respectively. The Netherlands, Belgium, and Ireland also held notable shares, while countries like Lithuania, Slovakia, and Estonia had lower contributions. Amongst the countries, Slovakia recorded the highest year-on-year growth at 2.33%, while Greece had the lowest at 0.52%. The compounded annual growth rate over the last five years hints at a diverse growth pattern, suggesting healthy expansion for most countries.
Looking forward, the trend suggests a robust growth in smaller economies like Lithuania and Slovakia. With evolving consumer preferences and increasing regulatory concerns on health and sustainability, the landscape may witness a shift towards more environmentally responsible production and regional diversification. Monitoring these developments will be crucial for stakeholders aiming to capitalize on emerging opportunities within this sector.
Top countries in Production of Food, Beverages and Tobacco Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 28.35 | 2023 | +1.12% | +0.85% | View data |
| 2 | 2 Italy | 21.13 | 2023 | +1.19% | +1.23% | View data |
| 3 | 3 Spain | 18.68 | 2023 | +1.51% | +1.46% | View data |
| 4 | 4 Netherlands | 11.24 | 2023 | +1.81% | +2.06% | View data |
| 5 | 5 Belgium | 6.77 | 2023 | +1.83% | +1.89% | View data |
| 6 | 6 Ireland | 4.34 | 2023 | +1.81% | +1.65% | View data |
| 7 | 7 Austria | 3.54 | 2023 | +1.83% | +1.97% | View data |
| 8 | 8 Greece | 2.23 | 2023 | +0.45% | +0.52% | View data |
| 9 | 9 Finland | 1.65 | 2023 | +0.76% | +0.78% | View data |
| 10 | 10 Lithuania | 0.7 | 2023 | +2.05% | +2.23% | View data |
