Key Market Indicators
Greek Food Services Expenditure is projected to decline to €20.2 billion by 2028, down from €20.5 billion in 2023. This represents an average annual decrease of 0.2%. Historically, the demand for food services in Greece has been on a downward trend since 2000, with an average yearly decline of 2.6%. In 2023, Greece ranked 9th in food services expenditure. Austria surpassed Greece with an expenditure of €20.5 billion. The top spots were held by Spain, Italy, and France, occupying the 2nd, 3rd, and 4th positions, respectively. Conversely, Greek Food Services Revenue is on an upward trajectory. It is expected to reach €17.1 billion by 2028, up from €15.3 billion in 2023, marking an average annual growth of 1.7%. This sector has been expanding since 2010, with a yearly growth rate of 3.6%. In 2023, Greece was ranked 13th in terms of food services revenue. Sweden edged out Greece with a revenue of €15.3 billion. Leading the rankings were Germany, France, and Italy, holding the 2nd, 3rd, and 4th positions, respectively.
