Key Market Indicators
Estonian Food Services Revenue is projected to hit approximately €1.4 billion by 2028, up from around €1.2 billion in 2023. This marks an average annual growth rate of 2.7%. Since 2010, Estonia's food services market has seen an average yearly growth of 3.9%. In 2023, Estonia ranked 30th globally in food services revenue, with Iceland slightly ahead at €1.2 billion. Germany, France, and Italy held the second, third, and fourth positions, respectively. Meanwhile, Estonian Food Services Expenditure is expected to reach nearly €1.3 billion by 2028, rising from €1.1 billion in 2023. This represents an average annual growth rate of 2.4%. Since 2000, the country's demand has increased by an average of 1.2% each year. In the 2023 ranking, Estonia stood at 32nd place, with Malta just ahead at €1.1 billion. Spain, Italy, and France occupied the second, third, and fourth spots, respectively, in terms of expenditure.
