The restaurant which is located in the small city of Modena knocked out Spain's El Celler de Can Roca to earn the top spot.
2. El Celler de Can Roca (Girona, Spain)
3. Eleven Madison Park (New York City)
4. Central (Lima)
5. Noma (Copenhagen)
6. Mirazur (Menton, France)
7. Mugaritz (San Sebastian, Spain)
8. Narisawa (Tokyo, Japan)
9. Steirereck (Vienna)
10. Asador Etxebarri (Biscay, Spain)
11. D.O.M. (Sao Paulo, Brazil)
12. Quintonil (Mexico City)
13. Maido (Lima) -- Highest riser
14. Ledbury (London)
15. Alinea (Chicago)
16. Azurmendi (Near Bilbao, Spain)
17. Piazza Duomo (Alba, Italy)
18. White Rabbit (Moscow)
19. Arpege (Paris)
20. Amber (Hong Kong)
Italy's Osteria Francescana has been crowned world's best restaurant at the 2016 World's 50 Best Restaurants Awards.
The event was held in New York, away from London for the first time, in an effort to make the event truly global.
Osteria Francescana which is located in the small city of Modena knocked out Spain's El Celler de Can Roca to earn the top spot.
The Italian restaurant is manned by chef Massimo Bottura,
who is credited with reinventing classic Italian cuisine by offering
dishes that combine tradition and irreverence and touch all the senses.
Meanwhile, New York's Eleven Madison Park moved up two places to grab the number three spot.
Conspicuously missing from the top 10 spot was Asia's best restaurant, Gaggan which slipped from 10th to 23rd this year.
Also awarded at the awards was Dominique Crenn of Atellier Cren, named "World's Best Female Chef".
The "Chef's Choice Award," voted on by other chefs on the 50 best list, was awarded to Joan Roca of El Celler de Can Roca, while this year's lifetime achievement award went to chef Alain Passard of Michelin three-star restaurant L'Arpege in Paris.
Check out the top 20 restaurants in the world below:
1. Osteria Francescana (Modena, Italy)2. El Celler de Can Roca (Girona, Spain)
3. Eleven Madison Park (New York City)
4. Central (Lima)
5. Noma (Copenhagen)
6. Mirazur (Menton, France)
7. Mugaritz (San Sebastian, Spain)
8. Narisawa (Tokyo, Japan)
9. Steirereck (Vienna)
10. Asador Etxebarri (Biscay, Spain)
11. D.O.M. (Sao Paulo, Brazil)
12. Quintonil (Mexico City)
13. Maido (Lima) -- Highest riser
14. Ledbury (London)
15. Alinea (Chicago)
16. Azurmendi (Near Bilbao, Spain)
17. Piazza Duomo (Alba, Italy)
18. White Rabbit (Moscow)
19. Arpege (Paris)
20. Amber (Hong Kong)
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