In 2023, Germany led European household expenditure on food and soft drinks, followed by France, Italy, and the United Kingdom. Germany's share showed a notable rise with a 4.81% increase, while France and Italy experienced moderate growth. Poland, Romania, and Bulgaria saw the highest growth rates, indicating a growing consumer market for these goods. Countries like Sweden, Greece, and Denmark experienced steady growth, signaling stable consumption patterns.
Looking forward, expect Eastern European countries to continue increasing their expenditure shares due to rising incomes and consumer demands. Western Europe's growth may stabilize, focusing more on premium products amidst economic maturity.
Top countries in Household Expenditure on Food and Soft Drinks Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16.98 | 2023 | +4.6% | +4.81% | View data |
| 2 | 2 France | 13.93 | 2023 | +1.45% | +2.65% | View data |
| 3 | 3 Italy | 12.8 | 2023 | +1.08% | +2.17% | View data |
| 4 | 4 United Kingdom | 9.58 | 2023 | +1.17% | +1.49% | View data |
| 5 | 5 Spain | 7.88 | 2023 | +1.41% | +2.93% | View data |
| 6 | 6 Poland | 5.27 | 2023 | +0.76% | +6.48% | View data |
| 7 | 7 Netherlands | 3.67 | 2023 | +3.74% | +5.2% | View data |
| 8 | 8 Romania | 3.45 | 2023 | +4.39% | +6.95% | View data |
| 9 | 9 Switzerland | 2.53 | 2023 | +2.22% | +4.41% | View data |
| 10 | 10 Belgium | 2.5 | 2023 | +2.21% | +2.9% | View data |