In 2023, the United Kingdom led the European food and beverage service turnover spheres at 16.39 million Euros. France and Germany followed closely, showcasing stable growth trends. Notable year-on-year growth was observed in emerging markets, particularly Poland and Romania with over 8% rise each, and Serbia topping with a 15.91% increase. The Nordic countries demonstrated moderate growth, while Iceland experienced a 3.51% decline. The five-year CAGR reveals robust momentum in smaller markets, indicating evolving consumer trends and increasing evening leisure expenditures.
Looking forward, expect technology integration in service delivery across Europe, with significant digitalization enhancing efficiency and customer experience. Sustainability practices will likely influence market shares as companies and countries push for greener practices, potentially altering competitive dynamics.
Top countries in Turnover of Food and Beverage Services Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 16.39 | 2023 | +1.46% | +1.6% | View data |
| 2 | 2 France | 15.49 | 2023 | +9.12% | +3.06% | View data |
| 3 | 3 Germany | 14.25 | 2023 | +13.26% | +3.62% | View data |
| 4 | 4 Italy | 11.63 | 2023 | +9.35% | +1.5% | View data |
| 5 | 5 Spain | 10.82 | 2023 | +13% | +3.68% | View data |
| 6 | 6 Netherlands | 4.17 | 2023 | +11.25% | +3.57% | View data |
| 7 | 7 Belgium | 2.97 | 2023 | +12.64% | +4.42% | View data |
| 8 | 8 Switzerland | 2.69 | 2023 | +7.71% | +2.64% | View data |
| 9 | 9 Sweden | 2.39 | 2023 | +6.12% | +2.93% | View data |
| 10 | 10 Poland | 2.36 | 2023 | +14.46% | +8.66% | View data |
