In 2023, the internal tourism consumption of food and beverage serving services in Norway stood at 28 billion Norwegian Krones. In 2024, this figure is forecasted to increase to 28.84 billion NOK. This upward trend continues through 2025 with a forecasted value of 29.56 billion NOK, and further to 30.26 billion NOK in 2026. By 2027, the value is expected to reach 30.95 billion NOK and rise to 31.62 billion NOK by 2028. The year-on-year growth rate from 2023 to 2024 is 3%, while from 2024 to 2025, it is approximately 2.5%. Over the last two years, the average year-on-year growth stands at about 2.75%. The Compound Annual Growth Rate (CAGR) over the forecasted five-year period (2024-2028) is approximately 2.4%.
Future trends to watch for include shifts in consumer preferences towards sustainable and locally sourced food and beverages, the impact of technological advancements in service delivery, and potential changes in tourism patterns due to global economic conditions or geopolitical factors. Keeping an eye on these trends will provide valuable insights for stakeholders planning strategic initiatives in the Norwegian tourism sector.
