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?
More in Food Services Industry for 2028World Food Services Top Rankings
More in Food Services MarketGlobal 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...)