Forecast: Household Expenditure on Catering Services in Italy

Household expenditure on catering services in Italy demonstrated growth from 2013 to 2019, peaking at €85.51 billion in 2019. The trend reversed sharply in 2020 with a -36.52% decline due to the pandemic, followed by a partial rebound in 2021 and recovery to near pre-pandemic levels in 2022 despite a -10.55% drop in 2023. As of 2023, the expenditures stood at €74.74 billion.

Looking forward, forecasts indicate a gradual decline, with a compound annual growth rate (CAGR) of -0.71% over the next five years, closing at approximately €71.46 billion by 2028.

Future trends to watch for include potential impacts of economic shifts, consumer behavior changes post-pandemic, inflationary pressures, and recovery dynamics in travel and tourism sectors influencing catering services demand.

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