Key Market Indicators
Montenegro's food services expenditure is projected to hit €873 million by 2028, up from €737 million in 2023. This marks an average annual growth rate of 2.7%. Since 2011, the country's demand in this sector has increased at a rate of 0.8% per year. Montenegro ranked 34th globally in 2023, with Bosnia and Herzegovina slightly ahead, also at €737 million. Leading the rankings, Spain, Italy, and France secured the second, third, and fourth spots, respectively.
