Key Market Indicators
The Romanian food services industry is projected to see significant growth over the next five years, with revenue expected to reach approximately €8.9 billion by 2028. This marks an increase from around €7.5 billion in 2023, reflecting an average annual growth rate of 2.3%. Since 2010, the market has consistently expanded, boasting an annual growth rate of 8.5%. In 2023, Romania held the 19th spot in the European food services revenue rankings, with Finland narrowly ahead at €7.5 billion. Leading the rankings were Germany, France, and Italy, occupying the second, third, and fourth positions respectively. On the expenditure front, Romanian food services spending is forecasted to climb to approximately €7.2 billion by 2028, up from €6.4 billion in 2023. This represents an average annual growth rate of 1.7%. Since 2000, the demand in Romania has grown at an annual rate of 4.4%. In the 2023 expenditure rankings, Romania also secured the 19th position, just behind the Czech Republic at €6.4 billion. Spain, Italy, and France held the second, third, and fourth spots in this category.
