"We are also thrilled to see Osteria Francescana return to the top spot in The World's 50 Best Restaurants ranking this year", said William Drew, group editor of The World's 50 Best Restaurants, at the event.
The restaurant, which is run by Italian chef Massimo Bottura, was also named the world's best restaurant in 2016. It is the only Italian establishment to have won the annual accolade. "It's insane", he laughed when we chatted over brunch the day after the awards.
As feminism spiked early in the year following the Harvey Weinstein scandal and the rise of the #MeToo movement, British chef Clare Smith received the award for the best female chef and gave a speech where she highlighted how "women need to clear the path for the next generation". I am going to show the world that chefs in 2018, they are much more than the sum of their recipes.
"Bottura weaves a range of narratives through his dishes, playing with ingredients from the surrounding Emilia-Romagna region".
The Modena-born chef opened Osteria Francescana in 1995, and it has been in the top 5 of the global list since 2010.
On his days off, he would study with French chef Georges Cogny, who had a restaurant two hours away.More news: Rescued migrants in Spain seeking French asylum
Of the 50 restaurants on this year's list, more than half are located in Europe.
The top eateries from around the globe gathered in the Basque city of Bilbao last night for the awards ceremony, during which Osteria was crowned the world's best for a second time.
Spain's El Celler de Can Roca, which took the top honour in 2013 and 2015, came in second while third place went to Mirazur in southern France. However, if you want to eat at this restaurant, you better do it soon as chef Gaggan Anand has pledged to close it down in 2020 after 10 years of service.
TRT World's Sarah Morice has more. This year, all of the top three restaurants were European.
Spain leads the way with seven restaurants on the list, including three in the top 10 - El Celler de Can Roca (No 2); Mugaritz (No 9) and Asador Etxebarri (No 10).