Austria Food Services Industry Outlook 2024 - 2028

See how Austria Food Services performed compared to key markets such as the United Kingdom, Spain and Italy.

Key Market Indicators

Austrian Food Services Expenditure is projected to reach approximately €27.5 billion by 2028, up from €25.6 billion in 2023. This marks an average annual growth rate of 1.1%. Notably, since 2000, Austrian demand in this sector has declined by 1.1% per year. In 2023, Austria ranked eighth in food services expenditure, with Switzerland surpassing it at the same €25.6 billion mark. Spain, Italy, and France took the second, third, and fourth spots, respectively. In terms of revenue, the Austrian Food Services market is expected to hit around €32.7 billion by 2028, rising from €26.7 billion in 2023. This indicates a compound annual growth rate (CAGR) of 3.2%. Since 2010, the Austrian market has seen a yearly increase of 4%. In 2023, Austria held the seventh position in food services revenue, with the Netherlands leading at €26.7 billion. Germany, France, and Italy ranked second, third, and fourth, respectively.

Austria Food Services Market Data and Forecasts

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