In 2023, the value added of food and beverage service activities in Germany stood at €37.0 billion. Forecasted data indicate a steady year-on-year increase from 2024 to 2028, starting from €37.9 billion in 2024 to €41.23 billion in 2028. This corresponds to annual growth rates of approximately 2.27% between 2024-2025, 2.16% between 2025-2026, 2.10% between 2026-2027, and 1.98% between 2027-2028.
The compound annual growth rate (CAGR) for the period from 2023 to 2028 is projected to be around 2.18%, indicating consistent growth in this sector.
Future trends to watch include the influence of technological advancements in food delivery, sustainability practices among service providers, and evolving consumer preferences towards healthier and locally sourced options. Additionally, potential economic fluctuations and regulatory changes could impact growth trajectories.
