The wages and salaries in the event catering and other food service activities sector in France are projected to grow steadily from 2024 to 2028. Starting at 4.71 billion Euros in 2024 and rising to 5.29 billion Euros in 2028, this represents a compound annual growth rate (CAGR) of approximately 2.95% over the forecasted five-year period. In terms of year-on-year growth, there is an average increase of around 3% annually, indicating a moderate but consistent upward trend.
When considering future trends, it is crucial to monitor the impact of rising operational costs, including raw materials and labor, on profit margins. Additionally, the sector should watch for shifts in consumer preferences towards more sustainable and health-conscious food offerings, which could impact both demand and menu compositions.
