The turnover of food and beverage services in Austria moved through a notable trend from 2013, reaching €13.08 billion in 2023. There was a significant dip in 2020 due to the pandemic, followed by a strong recovery, with the turnover rising by 9.71% in 2023, showcasing a positive growth after the crisis. The average growth rate (CAGR) over the past five years stands at 3.13%, signifying steady sector recovery and ongoing expansion.

Key future trends to watch for:

Continued growth: Forecasts predict a steady increase in turnover, reaching €15.45 billion by 2028, with a 5-year CAGR of 2.63%.
Technological integration: Growing adoption of digital reservations, delivery services, and customer engagement platforms.
Health and sustainability: Rising consumer preference for healthier and sustainable food options impacting service offerings.
Economic factors: Inflation rates and disposable income variations influencing customer spending patterns.