Key Market Indicators
Czech Food Services Expenditure is projected to climb to approximately €9.2 billion by 2028, up from around €8.4 billion in 2023. This marks an average annual growth rate of 1.4%. However, since 2000, the demand in the Czech Republic has seen an average annual decline of 1.3%. In 2023, the Czech Republic ranked 18th in food services expenditure. Finland surpassed it with an expenditure of €8.4 billion. Meanwhile, Spain, Italy, and France held the second, third, and fourth positions, respectively. On the revenue front, Czech Food Services is expected to reach about €11.3 billion by 2028, rising from €9.5 billion in 2023. This represents an average annual growth rate of 2.6%. Since 2010, the Czech market has experienced a more robust growth rate of 4.8% per year. In 2023, the Czech Republic was positioned 17th in terms of revenue, with Denmark ahead at €9.5 billion. Germany, France, and Italy occupied the second, third, and fourth spots, respectively.