Key Market Indicators
**Maltese Food Services Revenue to Surge to €2.1 Billion by 2028** Malta's food services revenue is projected to climb to €2.1 billion by 2028, up from €1.6 billion in 2023. This represents an average annual growth rate of 4.1%. Since 2013, the Maltese market has seen a robust annual increase of 5.1%. In the 2023 ranking, Malta secured the 27th spot, trailing behind Luxembourg, which also posted €1.6 billion in revenue. Leading the list were Germany, France, and Italy, occupying the second, third, and fourth positions, respectively. **Food Services Expenditure in Malta to Hit €1.5 Billion by 2028** Maltese food services expenditure is forecasted to reach €1.5 billion by 2028, up from €1.3 billion in 2023. This marks an average annual growth rate of 1.7%. However, since 2000, the country's demand has declined by 3.7% per year on average. In 2023, Malta ranked 31st, with Latvia slightly ahead at €1.3 billion. Spain, Italy, and France took the second, third, and fourth spots in this expenditure ranking, respectively.
