Food - Slovenia

  • Slovenia
  • Revenue in the Food market amounts to €4.92bn in 2024. The market is expected to grow annually by 5.04% (CAGR 2024-2029).
  • The market's largest segment is the segment Confectionery & Snacks with a market volume of €1.05bn in 2024.
  • In global comparison, most revenue is generated in China (€1,487bn in 2024).
  • In relation to total population figures, per person revenues of €2,321.00 are generated in 2024.
  • In the Food market, 2.5% of total revenue will be generated through online sales by 2024.
  • In the Food market, volume is expected to amount to 1,050.00m kg by 2029. The Food market is expected to show a volume growth of 1.9% in 2025.
  • The average volume per person in the Food market is expected to amount to 457.30kg in 2024.

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

 
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Comparaison de régions
 
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Analyst Opinion

The Food market in Slovenia is experiencing minimal growth, influenced by factors such as the increasing demand for convenience foods, awareness of healthy eating, and a rise in online shopping. Sub-markets, such as dairy products, meat, and fruits, are also impacting the overall market. Despite the slow growth rate, the market is expected to continue expanding due to the growing popularity of processed and convenience foods.

Customer preferences:
In Slovenia, consumers are increasingly prioritizing convenience and health-consciousness in their food choices. This has led to a surge in demand for online grocery shopping and meal delivery services. Additionally, there is a growing preference for organic and locally sourced products, reflecting a cultural emphasis on sustainable living. As the population ages, there is also a trend towards healthier and specialized dietary options to manage chronic conditions. This has created opportunities for companies to cater to these evolving lifestyle factors and offer personalized food solutions.

Trends in the market:
In Slovenia, The Food market industry is seeing a rise in demand for organic and locally sourced products, reflecting a growing trend towards sustainable and healthy eating. This trend is being driven by changing consumer preferences and increased awareness of the impact of food choices on personal health and the environment. As a result, there is a growing market for specialty food stores and farm-to-table restaurants. This trajectory is significant for industry stakeholders as it presents opportunities for differentiation and growth. However, it also requires investments in sourcing and marketing strategies to meet the demands of the conscious consumer. Additionally, this trend may have implications for traditional food retailers, who may need to adapt their offerings to remain competitive in the market. With the continued emphasis on sustainability and health, this trend is expected to continue and shape the future of The Food market industry in Slovenia.

Local special circumstances:
In Slovenia, The Food market is heavily influenced by the country's rich culinary history and traditions. With a strong focus on locally-sourced, organic ingredients, the market is driven by a growing demand for sustainable and healthy food options. Additionally, the country's close proximity to Italy and Austria has resulted in a fusion of flavors and influences, making The Food market unique compared to other markets. Furthermore, Slovenia's strict regulations on food production and labeling ensure high-quality products, further differentiating it from other markets.

Underlying macroeconomic factors:
The Food market in Slovenia is heavily influenced by macroeconomic factors such as the country's economic health, global economic trends, fiscal policies, and other financial indicators. Slovenia's stable economic growth and strong government support for the food industry have contributed to the market's success. Additionally, the country's integration into the European Union has increased trade opportunities and access to a larger consumer base. The rising demand for organic and locally sourced food products has also driven market growth, as Slovenia has a strong focus on sustainable and healthy living. However, fluctuations in global food prices and changes in consumer preferences can impact the market's performance. Overall, The Food market in Slovenia is expected to continue its growth trajectory, driven by favorable macroeconomic conditions and increasing demand for high-quality, sustainable food products.

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.

Vue d’ensemble

  • Revenue
  • Volume
  • Price
  • Sales Channels
  • Product Types
  • Global Comparison
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
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