Food - Czechia | Statista Market Forecast

Food - Czechia

Czechia

Highlights

Revenue in the Food market amounts to US$25.13bn in 2024. The market is expected to grow annually by 5.04% (CAGR 2024-2029).
The market's largest segment is the segment Meat with a market volume of US$5.12bn in 2024.
In global comparison, most revenue is generated China (US$2tn in 2024).
In relation to total population figures, per person revenues of US$2.39k are generated in 2024.
In the Food market, 3.2% of total revenue will be generated through online sales by 2024.
In the Food market, volume is expected to amount to 8.18bn kg by 2029. The Food market is expected to show a volume growth of 2.6% in 2025.0.
The average volume per person in the Food market is expected to amount to 683.80kg in 2024.

Key regions:

Definition:

The food market covers all edible products that are bought and consumed for nutrient-based purposes. The market includes both fresh and processed foods.

Structure:

The market consists of 13 different markets:

The Dairy products & Eggs market covers animal products, such as milk, eggs and products made from mammal’s milk and non-animal products, such as milk substitutes. This market is divided into six subsegments that include milk, milk substitutes, yogurt, cheese, eggs and other dairy products and eggs.
The Meat market covers animal products, such as pork, poultry, and free-from meat products, such as meat substitutes. This market is divided into three submarkets: fresh meat, processed meat, and meat substitutes.
The Fish & Seafood market covers products made from fish and seafood. This market is divided into three submarkets: fresh fish, fresh seafood, and processed fish & seafood.
Fruits & Nuts cover edible fruits and nuts. This market is divided into three submarkets: fresh fruits, processed & frozen fruits, and nuts.
The Vegetables market covers edible plants. This market is divided into two submarkets: fresh vegetables, processed & frozen vegetables.
The Bread & Cereal products market covers baked goods made from dough. Dough is made using flour, water, a leavening agent, and other optional ingredients. This market also covers products made from cereals that are usually used as part of a main meal. This market is divided into five submarkets: bread, pasta, rice, breakfast cereals and other cereal products.
The Oils and Fats market covers both edible oils and fats made from animals and plants. This market is divided into four submarkets: butter, margarine, edible oils, and other oils & fats.
The Sauces and Spices market covers additional ingredients used during the food preparation process and is divided into three submarkets: tomato ketchup, other sauces, and spices & culinary herbs.
The Convenience food market covers prepared food and meals that require little effort to prepare. This market is divided into two subsegments, soups and ready-to-eat meals.
The Spreads and Sweeteners market covers spreads and ingredients added to food or beverages to give it a sweet flavor. This market is divided into two subsegments, spreads and sweeteners.
The Confectionery & Snacks market covers sweet, savory, and salty food. This market is divided into two subsegments, confectionery and snacks.
The Baby food market covers food that is only meant to be consumed by babies and small children.
The Pet food market covers food that is intended for pet use only.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), and sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included. The out-of-home revenue data is only shown as a separate box at the market level.

For more information on the displayed data, click the info button on the right side of each box.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Food market in Czechia is experiencing slow growth, influenced by factors such as consumer demand for healthy and locally sourced products, increasing popularity of convenience food, and government regulations on food quality and safety. Despite the negligible growth rate, the market is expected to see some growth due to the increasing demand for organic and specialty food products. Additionally, the market is also impacted by the availability of raw materials and the competition from imported food products.

Customer preferences: As Czech society becomes more health-conscious, there is a growing preference for organic and locally-sourced food products. This trend is also influenced by a rise in environmental awareness and a desire for sustainable consumption. As a result, there is a growing demand for farmer's markets, farm-to-table restaurants, and eco-friendly packaging in The Food market industry. Additionally, there is an increasing interest in plant-based and vegetarian options, reflecting changing dietary preferences and a shift towards healthier lifestyles.

Trends in the market: In Czechia, The Food market is experiencing a surge in online grocery shopping, with consumers increasingly turning to digital platforms for their food purchases. This trend is expected to continue as more people prioritize convenience and safety in light of the COVID-19 pandemic. Additionally, there is a growing demand for organic and locally sourced food products, reflecting a shift towards healthier and more sustainable eating habits. These trends present opportunities for industry stakeholders to adapt their business models and expand their online presence, while also promoting transparency and quality in The Food market.

Local special circumstances: In Czechia, The Food market is heavily influenced by the country's rich agricultural tradition and strong focus on local, sustainable food production. This has led to a strong demand for locally sourced, organic food products, as well as a thriving farmers' market culture. Additionally, strict food safety regulations and labeling laws have played a significant role in shaping the market, ensuring high quality and transparency for consumers. These factors have contributed to a unique and thriving food market in Czechia, setting it apart from other markets.

Underlying macroeconomic factors: The Food market market in Czechia is heavily influenced by macroeconomic factors such as the country’s economic health, global economic trends, fiscal policies, and other financial indicators. The market is expected to experience steady growth due to the country’s stable economic environment and increasing disposable income of its citizens. Additionally, the rising trend of healthy eating and demand for organic and locally sourced food products is driving the growth of the market. However, any changes in national economic policies or global economic conditions could impact the performance of the market. Moreover, the country’s efforts to boost its agricultural sector and promote food exports could also have a significant impact on The Food market market in Czechia.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.