The Beverage Serving Activities sector in Italy has experienced fluctuations over the years, with a notable drop in 2014 and 2020. However, the sector showed resilience and recovery post-2020. Specifically, in 2023, the sector stood at 213,880 employees, reflecting a 5.18% year-on-year growth. The average annual growth rate (CAGR) over the last five years is 1.07%, indicating a gradual recovery and stabilization.
Future trends to watch for:
- An expected consistent growth in the number of employees, with forecasted CAGR of 1.86% over the next five years.
- A potential increase in demand for beverage services as economic conditions improve and tourism rebounds.
- Integration of technology and innovation in service delivery to improve efficiency and customer experience.
- Shifts in consumer preferences towards healthier and sustainable beverage options.