Forecast: Number of Self-Employed Persons in Accommodation and Food Services in the UK

As of 2023, the number of self-employed individuals in the UK's accommodation and food services sector was roughly 166,000. The forecast from 2024 to 2028 predicts a steady increase in the number of self-employed persons, rising from 167,000 to 171,000. The year-on-year growth rate is consistent at approximately 0.6%, with a similar compound annual growth rate (CAGR) projected over the five-year period.

Future trends to watch for:

  • The impact of economic changes, potentially affecting consumer spending in hospitality.
  • Technological advancements enabling easier entry for small-scale entrepreneurs.
  • The influence of regulatory changes on freelance operations in the sector.

Top Countries about Food Services