Key Market Indicators
**Spanish Food Services Revenue to Hit €107 Billion by 2028** Spanish Food Services Revenue is projected to climb to €107 billion by 2028, up from €94 billion in 2023. This represents an average annual growth rate of 2.1%. The Spanish market has shown a consistent upward trend since 2010, averaging a yearly growth of 3.8%. In 2023, Spain ranked fifth in food services revenue, with Italy taking the lead at €94 billion. Germany, France, and Italy were positioned second, third, and fourth, respectively, in the same ranking. **Food Services Expenditure in Spain to Reach €113 Billion by 2028** Spanish Food Services Expenditure is expected to rise to €113 billion by 2028, up from €104 billion in 2023. This growth reflects a compound annual growth rate (CAGR) of 1.3%. Since 2000, Spanish demand has seen a slight decline, with a yearly decrease of 0.7%. In 2023, Spain ranked second in food services expenditure, trailing the United Kingdom, which led at €104 billion. Spain, Italy, and France followed close behind, occupying the second, third, and fourth spots in the ranking, respectively.
