Key Market Indicators
Swedish Food Services Expenditure is projected to rise to €18 billion by 2028, up from €17 billion in 2023, marking an average annual growth rate of 1.1%. Since 1998, the demand in Sweden has increased at an average rate of 3.8% per year. In 2023, Sweden ranked 11th in expenditure, with Portugal surpassing it at €17 billion. Spain, Italy, and France held the second, third, and fourth positions, respectively. Meanwhile, Swedish Food Services Revenue is on track to hit €22 billion by 2028, up from €19 billion in 2023, reflecting a compound annual growth rate (CAGR) of 2.3%. Since 2010, the market in Sweden has grown at an annual rate of 2.6%. In 2023, Sweden was the 12th largest market, with Poland overtaking it at €19 billion. Germany, France, and Italy ranked second, third, and fourth, respectively, in this category.
