The data for 2023 indicates that Portugal and Italy lead with the highest number of gazelles in the beverage serving sector, featuring 37 and 35 enterprises, respectively. Hungary shows a remarkable year-on-year growth of 71.88%, showing significant dynamism. The Czech Republic also experienced notable growth at 43.1%, while Latvia remained static with no year-on-year change. Over five years, these countries likely exhibit variable CAGRs, reflecting diverse growth trajectories in the European market.
Future trends to watch include:
- The influence of technological advancements and digital transformation on the beverage serving industry.
- Sustainability initiatives driving new business models in the sector.
- The impact of economic policies on young high growth enterprises across Europe.
- Potential for new market entries and increased competition among established businesses.
Top countries in Number of Young High Growth Enterprises (Gazelles) in Beverage Serving Activities by Country
| # | 8 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 37 | 2023 | +32.14% | +9.04% | View data |
| 2 | 2 Italy | 35 | 2023 | +29.63% | +9.73% | View data |
| 3 | 3 Romania | 17 | 2023 | +41.67% | +5.51% | View data |
| 4 | 4 Hungary | 15 | 2023 | +36.36% | +71.88% | View data |
| 5 | 5 Czech Republic | 6 | 2023 | +20% | +43.1% | View data |
| 6 | 6 Lithuania | 6 | 2023 | +20% | +8.45% | View data |
| 7 | 7 Slovakia | 5 | 2023 | 0% | +4.56% | View data |
| 8 | 8 Latvia | 3 | 2023 | +50% | View data |
