Household expenditure on catering services in Germany has shown an overall increasing trend from 2013 to 2019, peaking at 74.27 billion euros. Due to the impact of the COVID-19 pandemic, there was a significant drop of 32.65% in 2020, followed by a gradual recovery. The value for 2023 stands at 66.93 billion euros.
Looking at the year-on-year variations, the declines in 2020 and 2023 were -32.65% and -13.22%, respectively. The last two years saw significant fluctuation, reflecting the lingering impacts of the pandemic. For 2022, a substantial increase of 48.24% signifies a strong rebound, while the projected CAGR from 2024 to 2028 is 0.86%.
Future trends to watch for include potential impacts from economic shifts, consumer confidence in dining out, and the evolution of the catering and food delivery landscape. As the market stabilizes post-pandemic, steady growth is anticipated with incremental year-on-year increases leading up to 2028.
