Key Market Indicators
The revenue from British food services is projected to climb to approximately €131 billion by 2028, up from around €123 billion in 2023. This represents an average annual growth rate of 1.1%. Since 2010, the British market has seen a steady annual increase of 1.6%. In the European context, Germany, France, and Italy follow the UK, occupying the second, third, and fourth positions respectively in terms of revenue. On the expenditure side, British food services spending is expected to reach nearly €173 billion by 2028, up from about €161 billion in 2023. This corresponds to a compound annual growth rate (CAGR) of 1.2%. Since 2000, British demand has been rising at an average rate of 2% per year. In this expenditure ranking, Spain, Italy, and France hold the second, third, and fourth positions respectively.