Key Market Indicators
Portuguese catering expenditure is projected to hit approximately €15,500 million by 2028, rising from an estimated €14,020 million in 2023. This marks an average annual growth rate of 1.6%. Since the year 2000, the demand for catering services in Portugal has increased by an average of 1.5% annually. In terms of revenue, the Portuguese catering market is expected to reach around €294 million by 2028, a significant jump from €192 million in 2023. This represents an average annual growth rate of 6.7%. Notably, the market has experienced a substantial annual growth rate of 12.5% since 2013. In 2023, Portugal was ranked 14th in the global catering market, with Sweden slightly ahead at the same revenue mark of €192 million. The top three positions were held by the United Kingdom, France, and Belgium, respectively.
