Key Market Indicators
Swiss food services revenue is projected to reach €26 billion by 2028, up from €23 billion in 2023, marking an annual growth rate of 1.7%. Since 2014, the Swiss market has seen an average yearly increase of 2.8%. In 2023, Switzerland ranked eighth in food services revenue, with Austria surpassing it at €23 billion. Germany, France, and Italy held the second, third, and fourth spots, respectively. On the expenditure side, Swiss food services spending is expected to hit €31 billion by 2028, up from €29 billion in 2023, growing at an annual rate of 1%. Since 2000, Swiss demand has risen by an average of 1.7% per year. In 2023, Switzerland was seventh in expenditure, with the Netherlands taking a higher position at €29 billion. Spain, Italy, and France occupied the second, third, and fourth positions, respectively.
