Food - Germany

Germany

Revenue in the Food market amounts to US$245.60bn in 2024. The market is expected to grow annually by 3.61% (CAGR 2024-2029).
The market's largest segment is the segment Meat with a market volume of US$43.85bn in 2024.
In global comparison, most revenue is generated in China (US$1,601bn in 2024).
In relation to total population figures, per person revenues of US$2,951.00 are generated in 2024.
In the Food market, 4.0% of total revenue will be generated through online sales by 2024.
In the Food market, volume is expected to amount to 55.87bn kg by 2029. The Food market is expected to show a volume growth of 1.4% in 2025.
The average volume per person in the Food market is expected to amount to 630.90kg in 2024.

Key regions: United States, Canada, China, India, South Korea

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

Region

Region comparison

Currency

Analyst Opinion

The Food market in Germany is facing minimal growth due to factors such as changing consumer preferences, increasing health consciousness, and the convenience of online food services. The sub-markets of Dairy Products & Eggs, Meat, Fish & Seafood, Fruits & Nuts, Vegetables, Bread & Cereal Products, Oils & Fats, Sauces & Spices, Convenience Food, Spreads & Sweeteners, Confectionery & Snacks, Baby Food, Pet Food, Processed Vegetables, Fruit & Potatoes, and Pasta & Rice also play a role in impacting the overall market.

Customer preferences: The Food market in Germany is experiencing a growing demand for sustainable and locally sourced food products, driven by consumers' increasing awareness and concern for the environment. This trend is fueled by a desire for transparency and ethical consumption, with a focus on reducing carbon footprint and supporting small-scale producers. As a result, there is a rise in popularity of farmer's markets, community-supported agriculture programs, and eco-conscious food brands. Additionally, there is a growing preference for plant-based and organic options, as more consumers prioritize health and ethical considerations in their food choices.

Trends in the market: In Germany, The Food market is seeing a rise in online grocery shopping and meal delivery services. This trend is driven by the convenience and time-saving benefits for consumers, as well as the increasing demand for healthy and sustainable food options. As a result, food retailers are investing in digital platforms and partnerships with food delivery companies to stay competitive. This trajectory is likely to continue, with the potential implications of shifting consumer behavior and market dynamics for industry stakeholders. For example, traditional brick-and-mortar stores may need to adapt their business models to incorporate online channels, while food delivery companies may face increased competition and pressure to improve efficiency.

Local special circumstances: In Germany, The Food market is heavily influenced by the country's strong focus on sustainability and healthy eating habits. The demand for organic and locally sourced foods is on the rise, with the government implementing strict regulations for the labeling and production of organic products. Additionally, the country's diverse cultural influences have led to a variety of unique food preferences and traditions, impacting the types of products that are most popular in the market. This, coupled with Germany's strong economy and high disposable income, has created a unique market for premium, specialty food products.

Underlying macroeconomic factors: The Food market in Germany is heavily influenced by macroeconomic factors such as economic growth, consumer spending, and government policies. Germany's stable economy and strong consumer confidence have resulted in a robust food market, with a high demand for organic and healthy food products. The government's support for sustainable food production and investment in modernizing the food supply chain has also contributed to the market's growth. Moreover, the increasing trend of online food shopping and the growing number of health-conscious consumers are driving the demand for premium and specialty food products in Germany.

Methodology

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.