Germany: Food Processing Ingredients

The food processing is the fourth-largest industry in Germany. According to the Federation of German Food and Drink Industries' (BEV) estimates, total revenue of USD 20.7 billion were generated across all sectors in 2022, which is 17.9 percent higher than the previous year. However, the German food industry continues to struggle with subdued private consumer spending, results of COVID-19 related measures, inflation, and rising production costs. The look into the future is mixed. The following products have good sales potential on the German market: nuts, organic products, fish and seafood, highly processed ingredients, dried fruits, ready meals, bakery products, and pulses.