In 2024, Germany leads European household expenditure on food and soft drinks with 226.3 billion Euros, followed by France and Italy. Smaller economies like Macedonia and Luxembourg report significantly lower spending, underlining a stark disparity within the continent. From 2023 to 2024, notable increases are observed in Slovakia and Bulgaria, indicating growth in food expenditures, while Germany and Poland also show significant year-on-year increments.
CAGR analysis over the past five years reveals robust growth for Eastern European countries, demonstrating development and increased spending capabilities. Poland and Romania, particularly, see major increments, reflecting changing consumer behaviors and rising incomes.
Future trends to watch include the impact of inflation and economic shifts on expenditure patterns, with potential increases in plant-based and sustainable food options. Additionally, geopolitical dynamics and policy changes could modify consumer spending, emphasizing the need for adaptability in understanding these evolving markets.
Top countries in Household Expenditure on Food and Soft Drinks by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 226,300 | 2023 | +4.6% | +4.81% | View data |
| 2 | 2 France | 185,550 | 2023 | +1.45% | +2.65% | View data |
| 3 | 3 Italy | 170,570 | 2023 | +1.08% | +2.17% | View data |
| 4 | 4 United Kingdom | 127,700 | 2023 | +1.17% | +1.49% | View data |
| 5 | 5 Spain | 105,010 | 2023 | +1.41% | +2.93% | View data |
| 6 | 6 Poland | 70,200 | 2023 | +0.76% | +6.48% | View data |
| 7 | 7 Netherlands | 48,930 | 2023 | +3.74% | +5.2% | View data |
| 8 | 8 Romania | 45,930 | 2023 | +4.39% | +6.95% | View data |
| 9 | 9 Switzerland | 33,750 | 2023 | +2.22% | +4.41% | View data |
| 10 | 10 Belgium | 33,290 | 2023 | +2.21% | +2.9% | View data |
