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- (-) Processed Food Products
- (-) 2023
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Germany is by far the biggest market for food and beverages in the European Union. The food retail sector is saturated, highly consolidated, and competitive.
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.
Germany is the fourth largest wine producer in the European Union after France, Italy, and Spain. German wine production from the 2022 harvest for marketing in CY 2023 is estimated at 9.4 million hectoliters, 9.8 percent higher than the previous year.
Germany is the second largest organic market in the world. It holds good prospects for U.S. organic products, including tree nuts, fruits, vegetables, and processed food products. While market growth slowed this year due to high inflation and rising...