The event catering sector in France has shown a dynamic pattern of turnover over the past decade. From 2013 to 2019, the sector experienced a steady increase peaking at €2.87 billion by 2019. However, 2020 saw a dramatic downturn due to the pandemic, with a 48.03% decline to €1.49 billion. By 2023, the sector rebounded to €2.88 billion. Year-on-year growth for 2021 and 2022 was robust at 42.63% and 20.67%, respectively, with 2023 maintaining a 12.18% increase. The last five years show a CAGR of 2.08%. Forecasts predict a stable growth rate with the turnover projected to reach €3.07 billion by 2028, reflecting a forecasted 5-year growth rate of 5.28% and a CAGR of 1.03%.
Future trends to watch for include:
- Innovations in event catering services driven by technology and sustainability.
- Increased demand for hybrid and virtual event catering post-pandemic.
- Expansion into niche markets such as eco-friendly and health-focused catering options.
