The European production value of food and beverage services in 2024 shows France leading with 16.26 million euros, followed by the United Kingdom and Germany, with 15.82 and 14.59 million euros, respectively. Italy, Spain, and the Netherlands round out the top six. Noticeable year-on-year increases are seen in countries like Poland (9.59%), Romania (9.43%), Hungary (7.24%), and Malta (7.1%). However, Belgium and Iceland experienced a decline of -0.17% and -4.91% respectively. Over the last five years, significant growth has been recorded in Serbia, Poland, and Romania.
Looking forwards, the trend towards increased production value in the food and beverage services across Europe is expected to continue, with Eastern European countries like Poland and Romania emerging as significant growth markets. Countries recovering from declines such as Belgium and Iceland may also present opportunities for resurgence.
Top countries in Production Value of Food and Beverage Services Share by Country (Million Euros)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 France | 16.26 | 2023 | +9.74% | +3.41% | View data |
2 | 2 United Kingdom | 15.82 | 2023 | +1.78% | +2.5% | View data |
3 | 3 Germany | 14.59 | 2023 | +12.28% | +3.28% | View data |
4 | 4 Italy | 12.02 | 2023 | +10.18% | +1.94% | View data |
5 | 5 Spain | 11.01 | 2023 | +11.49% | +2.49% | View data |
6 | 6 Netherlands | 4.35 | 2023 | +10.06% | +3.62% | View data |
7 | 7 Switzerland | 2.89 | 2023 | +7.51% | +2.95% | View data |
8 | 8 Sweden | 2.5 | 2023 | +5.97% | +3.01% | View data |
9 | 9 Belgium | 2.37 | 2023 | +7.25% | -0.17% | View data |
10 | 10 Austria | 2.31 | 2023 | +9.39% | +3.03% | View data |