In 2023, Germany led Europe's output in Food, Beverages, and Tobacco, valued at 211.47 billion euros, followed by France and Italy. Switzerland, Austria, and Belgium experienced significant year-on-year growth rates, with 10.7% and 10.27% respectively, while Hungary noted the highest with 13.72%. Countries like Liechtenstein and Norway showed the least growth, highlighting divergent trends within Europe. Over the past five years, varying year-on-year growth rates reveal that countries like Belgium, Switzerland, and Austria have strong upward trajectories, while others remain stagnant or decline slightly.
Future trends to watch include increased sustainability initiatives driving industry change and varied consumer preferences influencing product offerings and market dynamics. Furthermore, potential economic fluctuations and regulatory changes at the EU level may impact future output levels across different nations.
Top countries in Food, Beverages and Tobacco Products Output by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 211,470 | 2023 | +1.57% | +1.76% | View data |
| 2 | 2 France | 199,910 | 2023 | +1.3% | +4.35% | View data |
| 3 | 3 Italy | 176,340 | 2023 | +1.41% | +4.44% | View data |
| 4 | 4 Spain | 136,980 | 2023 | +1.8% | +2.47% | View data |
| 5 | 5 United Kingdom | 115,020 | 2023 | +0.61% | +0.57% | View data |
| 6 | 6 Netherlands | 101,920 | 2023 | +6.19% | +7.06% | View data |
| 7 | 7 Poland | 73,110 | 2023 | +2.74% | +3.11% | View data |
| 8 | 8 Belgium | 63,370 | 2023 | +5.89% | +7.56% | View data |
| 9 | 9 Switzerland | 61,880 | 2023 | +6.07% | +10.7% | View data |
| 10 | 10 Austria | 36,980 | 2023 | +17.18% | +10.27% | View data |
