Key Market Indicators
Austrian Catering Revenue is projected to climb to approximately €341 million by 2028, up from €316 million in 2023. This marks an average annual growth rate of 1.1%. Notably, since 2013, Austria's catering market has experienced a steady annual increase of 3%. In terms of ranking, Austria was positioned 11th in 2023. Norway surpassed Austria with revenue figures matching Austria's €316 million. Leading the list were the United Kingdom, France, and Belgium, holding the second, third, and fourth spots respectively. On the expenditure front, Austrian Catering Expenditure is forecasted to rise to around €20.8 billion by 2028, from €19.5 billion in 2023. The annual compound growth rate is pegged at 1%. However, since 2000, the demand in Austria has seen a decline of 1.7% annually.
