German nutritional industry 2023: Loss of sales and challenges demand innovative solutions

German nutritional industry 2023: Loss of sales and challenges demand innovative solutions
German nutrition industry 2023: Real loss of sales and lower corporate number
The German nutrition industry recorded declining sales in 2023 both in Germany and abroad and a reduction in the number of companies. Despite the challenges with which the industry was confronted, it again demonstrated its stability and adaptability.
economic development 2023
In 2023, the nutrition industry was characterized by geopolitical crises and economic uncertainty. The high inflation led to a decline in real consumers and to a price -sensitive demand. The total turnover of the industry was 232.6 billion euros, which corresponded to a price -adjusted loss of sales of 1.6 percent compared to the previous year. Exports decreased by 2.5 percent, while domestic turnover decreased by 1.1 percent. Sales abroad rose nominal by 4.3 percent and 7.7 percent in Germany.
meaning of the nutrition industry
Christoph Minhoff, General Manager of the Federal Association of the German Nutrition Industry (BVE), underlined the importance of the industry for the German economy. The nutritional industry is an essential part of the German economy and contributes to employment and supplying the population with high -quality food. However, the increasing bureaucratic regulations endanger the attractiveness of Germany and the competitiveness of the industry. It is therefore essential to maintain entrepreneurial freedom and to reduce regulations in order to remain successful and innovative.
future prospects
The BVE calls for measures to secure entrepreneurial freedom, to strengthen medium -sized companies, to promote free trade and to reduce bureaucracy. In addition, it is crucial to create an investment and innovation-friendly environment to ensure the long-term competitiveness and sustainability of the industry.
There are almost 6,000 companies in the nutritional industry, which generate sales of EUR 232.6 billion annually. With around 644,000 employees, the industry is the fourth largest industry in Germany. The majority of companies in the German nutrition industry are medium -sized. These companies include 90 percent of the companies. The export quota of 35 percent illustrates that customers worldwide appreciate the quality of German foods.