In 2023, the highest number of high growth enterprises in event catering and other food service activities was recorded in Italy with 147 enterprises, followed by Hungary with 132. The Czech Republic and Lithuania each had over 50 enterprises, while the numbers dwindled further in countries like Romania, Portugal, and Slovakia. Smaller figures were seen in Northern European countries, with Iceland having the least at 4 enterprises.
The year-on-year variation in 2023 indicates dynamic growth in Hungary (17.47%) and Latvia (11.84%), contrasting more modest increases in Italy (2.65%) and the Czech Republic (2.56%). Enhanced figures in countries like Slovakia (9.34%) and Romania (8.45%) show a diverse growth pattern across the region over the past year. Meanwhile, the average annual variation over the last 5 years reflects broader steady developments although country-specific focus is unspecified.
Future trends to watch include:
- Potential market saturation in key economies driving enterprises to explore less competitive landscapes.
- Technological integration and innovation shaping service delivery and customer engagement across the sector.
- Regulatory impacts from sustainability initiatives likely redefining operations and growth strategies.
- Continued economic fluctuations possibly affecting consumer spending in catering services.
Top countries in Number of High Growth Enterprises in Event Catering and Other Food Service Activities by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 147 | 2023 | +21.49% | +2.65% | View data |
| 2 | 2 Hungary | 132 | 2023 | +26.92% | +17.47% | View data |
| 3 | 3 Czech Republic | 59 | 2023 | +22.92% | +2.56% | View data |
| 4 | 4 Lithuania | 56 | 2023 | +27.27% | +8.06% | View data |
| 5 | 5 Romania | 30 | 2023 | +25% | +8.45% | View data |
| 6 | 6 Portugal | 28 | 2023 | +33.33% | +7.5% | View data |
| 7 | 7 Slovakia | 25 | 2023 | +25% | +9.34% | View data |
| 8 | 8 Latvia | 21 | 2023 | +23.53% | +11.84% | View data |
| 9 | 9 Norway | 14 | 2023 | +16.67% | +6.96% | View data |
| 10 | 10 Iceland | 4 | 2023 | +33.33% | +5.92% | View data |
