In 2024, Germany leads European food, beverage, and tobacco production with €202.44 billion, followed by Italy at €150.88 billion, and Spain at €133.42 billion. Notable year-on-year growth in 2023 was observed in Lithuania (2.23%) and Slovakia (2.33%), while Greece showed a modest increase (0.52%). Over the past five years, the production sector has shown a compound annual growth rate (CAGR), with Germany demonstrating steady growth and the Netherlands and Belgium experiencing significant upward trends.
Future trends to watch include increasing automation and sustainability demands, which could reshape production processes across Europe. Watch for emerging markets like Lithuania and Slovakia as potential growth leaders.
Top countries in Production of Food, Beverages and Tobacco by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 202,440 | 2023 | +1.12% | +0.85% | View data |
| 2 | 2 Italy | 150,880 | 2023 | +1.19% | +1.23% | View data |
| 3 | 3 Spain | 133,420 | 2023 | +1.51% | +1.46% | View data |
| 4 | 4 Netherlands | 80,260 | 2023 | +1.81% | +2.06% | View data |
| 5 | 5 Belgium | 48,340 | 2023 | +1.83% | +1.89% | View data |
| 6 | 6 Ireland | 31,020 | 2023 | +1.81% | +1.65% | View data |
| 7 | 7 Austria | 25,280 | 2023 | +1.83% | +1.97% | View data |
| 8 | 8 Greece | 15,900 | 2023 | +0.45% | +0.52% | View data |
| 9 | 9 Finland | 11,810 | 2023 | +0.76% | +0.78% | View data |
| 10 | 10 Lithuania | 5,010 | 2023 | +2.05% | +2.23% | View data |