Key Market Indicators
Luxembourg's catering industry is poised for significant growth, with revenue projections set to climb to approximately €155 million by 2028. This marks a substantial increase from the €95 million anticipated in 2023, reflecting a compound annual growth rate (CAGR) of 7.7%. Since 2013, the market has experienced robust growth, rising 17.2% annually. In the 2023 ranking, Luxembourg held the 17th position, with Finland slightly ahead at €95 million. Leading the rankings were the United Kingdom, France, and Belgium, occupying the second, third, and fourth spots, respectively. In terms of expenditure, Luxembourg's catering sector is expected to reach around €1.42 billion by 2028, up from €1.29 billion in 2023. This represents a moderate annual growth rate of 1.5%. However, since 2000, the demand in Luxembourg has seen a slight decline, decreasing by 0.1% year on year.
