In 2023, Italy led the European grain mill product market with a turnover of 6.67 billion euros, followed by Germany at 5.34 billion euros and Spain at 3.29 billion euros. The lower end comprised Iceland with a modest 0.0006 billion euros. Year-on-year growth in 2023 saw significant increases in Belgium (5.75%), Finland (3.76%), and Romania (3.29%). Conversely, Sweden (-3.58%) and Cyprus (-0.83%) experienced contractions. Iceland notably grew by 10.67%, reflecting potential market dynamism. Over the past five years, the compound annual growth rate offers insights into long-term industry health despite temporary fluctuations in individual countries.
Future trends may involve increased consolidation in top markets like Italy and Germany, technology investment enhancing efficiency, and emerging trends in sustainability. Additionally, shifts in dietary preferences could influence product offerings, creating opportunities for growth in specialty and health-oriented grain mill products across Europe.
Top countries in Grain Mill Products Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 6,670 | 2023 | +1.34% | +2.57% | View data |
| 2 | 2 Germany | 5,340 | 2023 | +1.09% | +1.01% | View data |
| 3 | 3 Spain | 3,290 | 2023 | +1.04% | +1.37% | View data |
| 4 | 4 Poland | 2,010 | 2023 | +2.03% | +1.89% | View data |
| 5 | 5 Belgium | 1,540 | 2023 | -1.44% | +5.75% | View data |
| 6 | 6 Netherlands | 1,090 | 2023 | +1.98% | +3.06% | View data |
| 7 | 7 Greece | 687 | 2023 | +0.2% | +0.88% | View data |
| 8 | 8 Romania | 661.9 | 2023 | +0.53% | +3.29% | View data |
| 9 | 9 Portugal | 642.8 | 2023 | +0.86% | +0.5% | View data |
| 10 | 10 Czech Republic | 435.2 | 2023 | +0.48% | +0.71% | View data |
