In 2023, the Restaurants and Mobile Food Service Activities sector in the UK was valued at £44.86 billion. The forecasted data from 2024 to 2028 shows a steady annual increase in production value, beginning at £46.04 billion in 2024 and reaching £51.03 billion by 2028. This reflects a year-on-year growth rate of approximately 2.8% from 2024 to 2025, smoothing over the following years with a consistent upward trend. The compound annual growth rate (CAGR) for this period is estimated at 2.8%.
Future trends to watch for:
- Increased adoption of technology and delivery innovations may drive growth in the sector.
- Sustainable and locally sourced food options are likely to gain more traction among consumers.
- Pandemic-related adaptations such as digital ordering and expanded outdoor dining could become permanent features.