Vegetables - Germany

Germany

Gross production value in Vegetables market is projected to amount to US$189.00m in 2024. An annual growth rate of 2.46% is expected (CAGR 2024-2028), resulting in gross production value of US$208.30m in 2028.
The import value in Vegetables market is projected to amount to US$6.9bn in 2024. An annual growth rate of 4.65% is expected (CAGR 2024–2028).
The export value in Vegetables market is projected to amount to US$0.6bn in 2024. An annual growth rate of 3.86% is expected (CAGR 2024–2028).

Key regions: Germany, Brazil, Spain, Italy, United Kingdom

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Analyst Opinion

Germany, the land of sausages and beer, has a rich history of agriculture. The country is known for its high-quality and diverse range of vegetables. The Vegetables market in Germany is one of the largest in Europe, contributing significantly to the country's economy.

Customer preferences: German consumers have become increasingly health-conscious in recent years, leading to a surge in demand for fresh and organic vegetables. Customers prefer locally sourced and seasonal produce, which is not only healthier but also more sustainable. Convenience is also an essential factor for customers, and they prefer pre-cut and packaged vegetables that are easy to prepare.

Trends in the market: The Vegetables market in Germany is expected to grow steadily in the coming years due to the rising demand for fresh and organic produce. The market is also witnessing a shift towards plant-based diets, with consumers opting for vegetarian and vegan options. The Covid-19 pandemic has also led to an increase in demand for fresh produce as consumers focus on boosting their immunity.

Local special circumstances: Germany's climate and geography offer an ideal environment for the cultivation of a wide range of vegetables. The country has a long tradition of farming, and many farmers specialize in growing specific types of vegetables. The country's strict regulations on food safety and quality ensure that consumers get the best possible produce.

Underlying macroeconomic factors: Germany's strong economy and high purchasing power of its citizens have contributed to the growth of the Vegetables market. The country's focus on sustainability and organic farming has also led to an increase in demand for locally sourced produce. The country's aging population has also led to a shift towards healthier diets, further driving the demand for fresh vegetables.

Methodology

Data coverage:

The data encompasses B2B. Figures are based on the value of gross production in the agriculture market, which values of production are calculated by multiplying gross production by output prices at the farm gate.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market. As a basis for evaluating markets, we use resources from the Statista platform as well as annual financial reports of the market-leading companies and industry associations, third-party studies and reports, national statistical offices, international institutions, 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.

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 S-curve function and exponential trend smoothing are well suited for forecasting agriculture products due to the non-linear growth of this market, especially because of the direct impact of climate change on the market.

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.