Forecast: Production Value of Event Catering in Germany

The production value of event catering in Germany demonstrated significant growth from 2013 to 2023, increasing from €1.35 billion to €4.94 billion. This growth was marked by particularly high year-on-year increases in 2017 (21.01%) and 2018 (30.35%). However, the sector faced a major setback in 2020 with a 45.66% year-on-year decline due to the pandemic. Recovery began in 2021 with a 54.64% increase, and momentum continued into 2023 with an 18.18% rise, situating the industry at €4.94 billion.

For the forecast period from 2024 to 2028, the average annual growth rate is projected at 4.54%, with total growth anticipated at 24.88%. This suggests a continued, though more moderate, expansion in the industry.

Future trends to watch for include:

  • A potential stabilization in growth rates as the industry matures.
  • Increased demand for personalized and high-quality catering experiences as consumer preferences evolve.
  • Technological advancements and sustainability practices becoming central to service offerings.

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