Italy Foodservice Market Size

Italy Foodservice Market Analysis

The Italy Foodservice Market size is estimated at 105.17 billion USD in 2024, and is expected to reach 136.38 billion USD by 2029, growing at a CAGR of 5.33% during the forecast period (2024-2029).

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105.17 Billion

Market Size in 2024 (USD)

136.38 Billion

Market Size in 2029 (USD)

2.49 %

CAGR (2017-2023)

5.33 %

CAGR (2024-2029)

Largest Segment by Foodservice Type

50.06 %

value share, Full Service Restaurants, 2023

The increasing frequency of Italians eating out greatly benefits the Italian foodservice industry. Out-of-home food consumption increased by almost 90% during 2020-2021.

Largest Segment by Outlet Type

76.01 %

value share, Independent Outlets, 2023

High tourist and immigrant influx and growing demand for traditional and innovative cuisines are driving foodservice companies to expand their market shares.

Fastest-growing segment by Foodservice Type

8.80 %

Projected CAGR, Quick Service Restaurants, 2024-2029

The increasing frequency of Italians eating out is majorly benefitting Italy's food service sector. Out of home food consumption increased over 2020-21 by almost 90%.

Fastest-growing segment by Outlet Type

6.91 %

Projected CAGR, Chained Outlets, 2024-2029

Consumers prefer chained foodservice outlets because of their standardized menus with regional customizations, quality assurance, and affordable pricing.

Leading Market Player

1.76 %

market share, Cremonini SpA, 2022

Cremonini SpA is the market leader for buffets, serving 200 restaurants, 48 catering points at 12 airports, 50 train stations, and 1,700 vending machines in Italy.

Rising tourism and expansion in commercial real estate propelling sales in the country

Italy Foodservice Industry Segmentation

Cafes & Bars, Cloud Kitchen, Full Service Restaurants, Quick Service Restaurants are covered as segments by Foodservice Type. Chained Outlets, Independent Outlets are covered as segments by Outlet. Leisure, Lodging, Retail, Standalone, Travel are covered as segments by Location.

• The Italian foodservice market represented a share of 13.67%, by value, of the total foodservice market in Europe in 2022. The Italian market grew by CAGR of 1.65% in value from 2017 to 2022. The market is being driven by the full-service restaurants and cafes & bars sub-segments, which depend on developing tourism and commercial real estate in the country.
• Full-service restaurants dominate the Italian market. By cuisine, the segment mainly consists of European restaurants, followed by Asian and North American restaurants. Since European restaurants, mostly Italian cuisine, hold a majority share in the market, a good indicator to understand the development of the FSR market in Italy is the production and consumption of Italian specialty cheese in the country. Italian PDO cheese is used in a majority of dishes in authentic Italian cuisine. There are 42 varieties of PDO cheeses (Protected Designation of Origin) in Italy, and their production volume reached 596.67 metric tons in 2021, an 11.1% growth from the volume produced in 2016. The per capita consumption of cheese in Italy fluctuated between 22 and 23 kilograms in the past decade.
• The cafes & bars sub-segment is expected to see major progress and is anticipated to be register a CAGR of 4.51%, by value, during the forecast period. The Italian market is driven by the consumption of beverages like coffee, alcoholic drinks, and desserts. Italian bars mostly feature cocktails as well as a wide range of liqueurs. Italy has many popular names in the liqueur category, which include Amaro Fernet Branca, Amaretto di Saronno, Campari, Grappa Nardini, Limoncello, and Sambuca Molinari.