In 2023, France led European household expenditure on food and soft drinks with 32.19 million euros, followed by Italy at 29.66 million euros, and Spain at 18.09 million euros. Smaller economies like Luxembourg and Slovenia accounted for a minimal share. Over the previous year, notable year-on-year growth was observed in Estonia (7.46%), Slovakia (9.66%), and Croatia (7.29%). In contrast, larger economies exhibited moderate growth, such as France (2.81%) and Italy (2.34%).
Future trends to watch include the impact of inflation on food prices, shifts in consumer preferences towards healthier options, and the influence of sustainability considerations on food and drink expenditures across Europe.
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 France | 32.19 | 2023 | +2.22% | +2.81% | View data |
| 2 | 2 Italy | 29.66 | 2023 | +1.91% | +2.34% | View data |
| 3 | 3 Spain | 18.09 | 2023 | +1.43% | +2.94% | View data |
| 4 | 4 Belgium | 5.74 | 2023 | +2.42% | +2.94% | View data |
| 5 | 5 Austria | 3.95 | 2023 | +1.36% | +3.3% | View data |
| 6 | 6 Finland | 2.81 | 2023 | +3.48% | +3.65% | View data |
| 7 | 7 Slovakia | 2.37 | 2023 | +8% | +9.66% | View data |
| 8 | 8 Ireland | 1.7 | 2023 | +2.09% | +2.87% | View data |
| 9 | 9 Croatia | 1.67 | 2023 | +2.14% | +7.29% | View data |
| 10 | 10 Slovenia | 0.78 | 2023 | +2.39% | +5.24% | View data |