Key Market Indicators
Finland's food services expenditure is projected to climb to approximately €9.3 billion by 2028, a rise from about €8.7 billion in 2023. This marks an annual compound growth rate (CAGR) of 1.1%. Historical data reveals that Finnish demand has been increasing at a rate of 1.9% per year since 1985. In 2023, Finland ranked 17th, with Denmark slightly ahead at €8.7 billion. Spain, Italy, and France held the second, third, and fourth positions, respectively. In terms of revenue, Finnish food services are expected to generate around €8.6 billion by 2028, up from roughly €7.8 billion in 2023. This represents an annual growth rate of 1.5% on average. Since 2010, the Finnish market has seen an annual increase of 2.1%. Finland ranked 18th in 2023, with the Czech Republic surpassing it at €7.8 billion. Germany, France, and Italy occupied the second, third, and fourth spots in this category.