In 2023, France led the European Food Products, Beverages, and Tobacco Products Manufacturing sector with a Gross Value Added of 48.65 billion euros. Following are Spain with 25.7 billion euros and the Netherlands with 18.73 billion euros. Over the last two years, most countries displayed positive gross value trends, notably Slovakia with a 7.29% increase, followed by Austria with 3.36%, and Slovenia with 3.24%. Meanwhile, growth was more modest in Portugal and Malta.
Future trends to watch for include:
- Strengthening of manufacturing in Eastern Europe, such as Slovakia and Lithuania, driven by investment and industry expansion.
- Potential impacts of sustainability innovations and regulatory changes on production costs and value added.
- Effects of economic conditions and consumer behavior shifts on product demand across Europe.
Top countries in Food Products, Beverages and Tobacco Products Manufacturing Gross Value Added by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 48,650 | 2023 | -0.67% | +1.72% | View data |
| 2 | 2 Spain | 25,700 | 2023 | +0.58% | +1.04% | View data |
| 3 | 3 Netherlands | 18,730 | 2023 | +2.51% | +2.92% | View data |
| 4 | 4 Belgium | 9,710 | 2023 | -0.51% | +2.67% | View data |
| 5 | 5 Austria | 7,370 | 2023 | +2.23% | +3.36% | View data |
| 6 | 6 Portugal | 4,400 | 2023 | +1.76% | +0.65% | View data |
| 7 | 7 Lithuania | 1,710 | 2023 | +1.48% | +2.06% | View data |
| 8 | 8 Croatia | 1,680 | 2023 | +0.94% | +1.98% | View data |
| 9 | 9 Slovakia | 1,590 | 2023 | +0.43% | +7.29% | View data |
| 10 | 10 Slovenia | 741.05 | 2023 | +1.72% | +3.24% | View data |
