European Food Services Trends in 2024
Food Services is part of Services and includes a number of sub-sectors such as Catering. You may also be interested in Leisure and Transportation.
European Food Services Expenditure is projected to reach approximately €781 billion by 2028, down from around €795 billion in 2023, reflecting a modest annual growth rate of 0.5%. This follows a slight decline in demand, which has fallen by 0.1% annually since 2019. In 2023, the United Kingdom led the continent in Accommodation and Food Services Expenditure with an impressive €161 billion. Spain, Italy, and France followed in second, third, and fourth place, respectively. Notably, Serbia experienced a significant increase of 24.2% year on year, while Malta saw a decline of 3.7% annually since 2019. Looking at European Food Services Revenue, it is expected to climb to approximately €789 billion by 2028 from about €824 billion in 2023, registering an annual growth rate of 1.4%. Since 2019, the European market has grown by 2.9% each year. The United Kingdom again topped the rankings in 2023 for Accommodation and Food Services Revenue, generating €123 billion. Germany, France, and Italy occupied the subsequent spots in the ranking. Serbia's revenue surged by 20.4% year on year, while Iceland experienced a slight decline of 1.1% annually since 2019.
Top 10 countries
In 2024 major markets in the Food Services Industry were:
World Food Services Market Data and Forecasts
How much the Food Services industry is expected to grow to 2028?
World Food Services Top Rankings
Global Food Services Statistics
- Greenhouse Gas Emissions 223 countries (Asia, Europe, Southeast Asia...)
- Enterprise Survival Rate 48 countries (Europe, Northern Europe, Eastern Europe...)
- Employment Rate 233 countries (Europe, Northern Europe, Eastern Europe...)
- Number Of Employees 207 countries (Europe, Northern Europe, Southern Europe...)
- Business Birth 52 countries (Europe, Northern Europe, Western Europe...)
- Number Of Enterprises 66 countries (Europe, Northern Europe, Southern Europe...)
- Accommodation Services Employment 74 countries (Europe, Southern Europe, Northern Europe...)
- Business Death 49 countries (Europe, Northern Europe, Western Europe...)
- Online Retail Sales 49 countries (Europe, Northern Europe, Southern Europe...)
- Expenditure On Restaurant 32 countries (Europe, Eastern Europe, Southern Europe...)
