The production value of beverage serving activities in the Netherlands shows a fluctuating trend over the past decade. From 2013 to 2019, the sector experienced moderate growth with occasional dips, notably in 2019. The pandemic-induced downturn in 2020 caused a significant 36% drop in production value. Recovery began in 2021, accelerating in 2022 and 2023 with year-on-year growth rates of 13.96% and 8.41%, respectively. As of 2023, the sector stood at 3.5 billion euros. Looking forward, the forecast indicates steady but modest growth through 2028, with an average annual increase of 0.31%.
Future trends to watch:
- The long-term impact of post-pandemic recovery efforts.
- Shifts in consumer behavior towards healthier and sustainable beverage options.
- Technological advancements in beverage serving efficiency.
- Regulatory changes impacting the beverage industry.
- Influence of socio-economic factors on consumer spending in the hospitality sector.