Internal tourism expenditure on food and beverage serving services in Denmark has shown a significant upward trend from 2013 to 2023, starting at 12.52 billion Danish Krones in 2013 and reaching 25.47 billion Danish Krones in 2023. Notable variations include a significant dip in 2020 due to pandemic-related disruptions, with a 31.79% decline. However, the sector rebounded strongly in subsequent years, showing an 18.05% increase in 2022 and a 12.8% rise in 2023. The 5-year compound annual growth rate (CAGR) up to 2023 stood at 3.81%.
Forecasted data from 2024 to 2028 indicate continued growth, with expenditure expected to reach 32.05 billion Danish Krones in 2028. The projected 5-year CAGR from 2024 to 2028 is 3.63%, reflecting ongoing recovery and expansion.
Future trends to watch for include the impact of evolving tourism preferences, heightened demand for sustainable and local cuisine, and potential economic fluctuations affecting travel spending. Technological advancements in service delivery and marketing strategies will also play a crucial role in shaping expenditure patterns.
