The forecast for the number of event catering enterprises in Italy from 2024 to 2028 shows a slight but steady decline. As of 2023, the number of enterprises stood at 1.78 thousand. Year-on-year, this is expected to decrease by approximately 1.1% each year. From 2024 to 2028, the compound annual growth rate (CAGR) reflects a marginal decrease of around 0.9% per year over this period.
Future trends to watch for:
- Technological advancements impacting efficiency and operations in event catering.
- Shifts in consumer preferences toward more sustainable and personalized catering solutions.
- Economic factors that might impact discretionary spending and the business event sector.
- The rise of hybrid and virtual events, changing the demand for traditional in-person catering services.