The turnover of event catering and other food service activities in Austria experienced various fluctuations from 2013 to 2023. Actuating between moderate declines and robust growth phases, values were observed to plunge notably in 2020 owing to the pandemic. However, a salutary recovery emerged shortly after, with annual turnovers climbing from €794.8 million in 2020 to €1100 million in 2023, marking a significant reactivation in the sector.
Year-on-year variations and CAGR figures support this narrative, highlighting the resilience and escalating momentum in recent years. Post-2020, the sector demonstrated a solid resurgence with a 17.61% increase in 2021, followed by a consistent upward trend leading to 2023.
Future trends to watch for include technological advancements in event catering, shifts towards sustainable and locally-sourced food services, and potential market expansions driven by increasing demand for personalized and hybrid event experiences. Close observation of these trends will be pivotal in understanding and capitalizing on emerging opportunities in this space.
