The forecasted value for the Restaurants and Mobile Food Service Activities sector in Brazil indicates a consistent growth from 2024 to 2028, starting at 64.98 billion Brazilian Reals in 2024 and reaching 72.64 billion Brazilian Reals by 2028. This demonstrates a steady annual increase: approximately 3.03% in 2025, 2.89% in 2026, 2.74% in 2027, and 2.63% in 2028. Compared to 2023, where the sector stood slightly lower, these projections suggest positive growth. The five-year compound annual growth rate (CAGR) is a healthy 2.80%.
Future trends to watch for include:
- Changing consumer preferences towards healthier options and the impact of sustainability practices.
- Technological advancements in order and delivery systems.
- Potential economic fluctuations and regulatory changes affecting the sector.