In France, the turnover of Restaurants and Mobile Food Service Activities reached 63.08 billion Euros in 2023, marking an increase of 8.37% from the previous year. Following the pandemic-induced drop in 2020, the sector has shown resilience with significant year-on-year growths of 21.61% in 2021 and 12.2% in 2022. The five-year compound annual growth rate (CAGR) from 2018 to 2023 stood at 2.63%. The forecast suggests continued growth, with the turnover projected to reach 70.69 billion Euros by 2028, achieving a CAGR of 1.81% over these next five years.

Future trends to watch for:

• Impact of economic recovery post-COVID-19 on consumer spending.
• Technological innovations enhancing operational efficiency.
• Shifts toward sustainable and locally sourced offerings.
• Expansion of mobile food services and their integration in urban planning.
• Changes in consumer preferences towards healthier dining options.