In 2023, Hungary led in the number of high-growth enterprises in the restaurant and mobile food service activities sector with 1.88 thousand enterprises, followed by Italy at 1.33 thousand. Portugal (0.758), Czech Republic (0.734), and Romania (0.377) made up the mid-tier, while Lithuania (0.355), Slovakia (0.128), Latvia (0.094), and Norway (0.082) lagged behind. Most countries recorded increases in high-growth enterprises, with Hungary experiencing the most significant growth at 19.61%, suggesting robust sectoral development across Europe.
Looking forward, certain trends could impact the sector's evolution:
- An increasing demand for diverse and international cuisines may stimulate growth.
- More investments in technology and sustainability initiatives could boost enterprise scalability.
- Economic fluctuations and regulatory changes in Europe could influence growth dynamics.
Top countries in Number of High Growth Enterprises in Restaurants and Mobile Food Service Activities by Country
| # | 9 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 1,880 | 2023 | +28.34% | +19.61% | View data |
| 2 | 2 Italy | 1,330 | 2023 | +27.5% | +7.19% | View data |
| 3 | 3 Portugal | 758 | 2023 | +21.47% | +1.46% | View data |
| 4 | 4 Czech Republic | 734 | 2023 | +27.94% | +3.98% | View data |
| 5 | 5 Romania | 377 | 2023 | +26.09% | +5.98% | View data |
| 6 | 6 Lithuania | 355 | 2023 | +24.56% | +5.01% | View data |
| 7 | 7 Slovakia | 128 | 2023 | +17.43% | +5.7% | View data |
| 8 | 8 Latvia | 94 | 2023 | +20.51% | +7.01% | View data |
| 9 | 9 Norway | 82 | 2023 | +10.81% | +1.27% | View data |
