The event catering turnover in France has seen fluctuating trends over the years, with significant dips and rises. From 2013 to 2019, the market experienced a steady growth trajectory peaking at €2.87 billion in 2019 before plummeting by almost 50% due to the pandemic in 2020. The sector rebounded strongly in 2021 with a 43.83% increase, continuing its upward trend through 2023, reaching €2.93 billion. The average annual growth rate (CAGR) over the past five years stands at 2.48%. Forecasts for 2024 to 2028 project a moderate annual growth rate of 1.39%, culminating in a 7.15% total growth over this period.
Future trends to watch for include:
- The potential impacts of economic fluctuations on event budgets.
- Technological integration in service delivery.
- Shifts in consumer preferences towards sustainable and locally sourced catering options.
- The continued influence of pandemic-related health protocols on event planning and execution.
