Germany Food Services Industry Outlook 2024 - 2028

See how Germany Food Services performed compared to key markets such as the United Kingdom and France.

Key Market Indicators

**German Food Services Revenue Projected to Hit €149 Billion by 2028** Germany's food services sector is on an upward trajectory, with revenue expected to soar to €149 billion by 2028, up from €123 billion in 2023. This represents a steady compound annual growth rate (CAGR) of 3%. The market has seen a robust 3.7% year-on-year increase since 2010. In 2023, Germany ranked second in the food services market, overtaken by the United Kingdom, which also posted revenues of €123 billion. France and Italy followed Germany in third and fourth places, respectively. **German Food Services Expenditure to Reach €93 Billion by 2028** On the expenditure front, Germany's food services spending is projected to climb to €93 billion by 2028, up from €87 billion in 2023, marking an average annual growth rate of 1.1%. However, since 2000, the demand has seen a slight decline, averaging a 0.8% yearly drop. In 2023, Germany was fifth in the expenditure ranking, with France taking the lead at €87 billion. Spain, Italy, and France occupied the second, third, and fourth spots, respectively.

Germany Food Services Market Data and Forecasts

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