In 2023, France led the European restaurant and mobile food service sector with a turnover of 16.38 million euros, followed by the UK with 14.54 million euros and Germany with 14.34 million euros. Italy and Spain also displayed significant turnover figures of 11.15 and 8.29 million euros, respectively. Notable year-on-year growth occurred in Poland (10.64%) and Romania (10.83%). Specific countries like Serbia exhibited a remarkable growth rate of 17.65%, though Iceland faced a decline of 4.16%. The Compound Annual Growth Rate (CAGR) over the past five years would provide a clearer picture of longer-term trends and stability.
Looking ahead, demographic shifts, increased consumer spending, and evolving dining habits could significantly impact the restaurant sector. Watch out for technological integration in food services and sustainability trends, as these factors will likely influence turnover shares across Europe in upcoming years. Additionally, the economic recovery post-pandemic will play a role in shaping the market dynamics in 2024 and beyond.
Top countries in Turnover of Restaurants and Mobile Food Service Activities Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 16.38 | 2023 | +8.37% | +2.63% | View data |
| 2 | 2 United Kingdom | 14.54 | 2023 | +2.46% | +2.8% | View data |
| 3 | 3 Germany | 14.34 | 2023 | +11.93% | +2.53% | View data |
| 4 | 4 Italy | 11.15 | 2023 | +10.26% | +2.84% | View data |
| 5 | 5 Spain | 8.29 | 2023 | +12.45% | +4.12% | View data |
| 6 | 6 Netherlands | 4.21 | 2023 | +11.4% | +4.49% | View data |
| 7 | 7 Belgium | 3.24 | 2023 | +13.26% | +5.42% | View data |
| 8 | 8 Poland | 3.23 | 2023 | +17.31% | +10.64% | View data |
| 9 | 9 Sweden | 3.2 | 2023 | +6.74% | +2.56% | View data |
| 10 | 10 Switzerland | 3.06 | 2023 | +6.11% | +3.17% | View data |
