Key Market Indicators
Italian Food Services Expenditure is projected to reach approximately €94 billion by 2028, down from around €98 billion in 2023. This represents an average annual decline of 0.6%. Since 2000, the demand in Italy has fallen by 2.4% each year. In 2023, Italy ranked third in food services expenditure, with Spain surpassing it to take the second spot at €98 billion. Spain, Italy, and France occupied the second, third, and fourth positions, respectively. Meanwhile, Italian Food Services Revenue is expected to climb to nearly €100 billion by 2028, up from €94 billion in 2023, marking a compound annual growth rate (CAGR) of 0.9%. Since 2010, the market has seen a yearly increase of 1.5%. In 2023, Italy ranked fourth in food services revenue, with France leading at €94 billion. Germany, France, and Italy held the second, third, and fourth spots in the ranking, respectively.