The number of food and beverage services enterprises in the UK is forecasted to grow from approximately 147,950 enterprises in 2024 to 154,330 enterprises by 2028. The average annual growth rate, based on the compounded annual growth rate (CAGR) over the five-year period, is indicative of steady expansion in the sector. To provide context, in 2023, there were around 146,400 enterprises, marking consistent growth year-on-year. The growth rate suggests a healthy market expansion driven by increasing demand and potential economic recovery post-pandemic.

Future trends to watch for include:

Shifts towards sustainable and eco-friendly practices, impacting supply chain and service operations.
Increased digital transformation and adoption of technology in service delivery to enhance customer experience and operational efficiency.
Market consolidation or diversification as enterprises adapt to evolving consumer preferences.