Analyzing the gross investment in the food and beverage service activities sector in Finland from 2013 to 2023 shows significant fluctuations. Between 2013 and 2016, there was a strong upward trend, peaking in 2016. However, from 2017 onwards, the level of investment experienced a series of peaks and troughs, with 2020 noting a significant decline likely due to the global pandemic. Recovery started to take shape from 2021, though it was modest. By 2023, investment stood at EUR 124.9 million, marking a moderate year-on-year increase of 4.78%.
The variations observed over the past two years show a progressive recovery, with 2023 continuing the positive trend post-pandemic. Over the last 5 years, the compound annual growth rate (CAGR) stood at 1.11%, indicating a slow but gradual recovery phase. Moving forward, the forecasted growth rate from 2024 to 2028 averages a lower CAGR of 0.75%, suggesting stabilized yet modest growth in the sector.
Future trends to watch for include the gradual recovery of consumer confidence post-pandemic, changes in consumer preferences towards healthier and sustainable food options, and the impact of technological advancements on service efficiency. These factors are expected to influence investment trajectories significantly in the coming years.
