The 2024 forecast for European Household Expenditure on Catering Services indicates a varied landscape among countries. The United Kingdom leads with 21.15 million Euros, followed by Spain and Italy at 15.9 and 12.16 million, respectively. France and Germany also feature prominently, with expenditures of 12.04 and 10.89 million Euros. Nordic countries like Norway, Denmark, and Sweden cumulatively make significant contributions, signaling a mixed yet upward trend in catering service expenditures.
Year-on-year variations reveal notable trends: - **Positive Growth**: Poland (+4.73%), Romania (+7.03%), Slovakia (+5.1%), Lithuania (+12.21%), and Serbia (+31.04%) show significant positive growth in catering expenditures. - **Stable to Moderate Growth**: The United Kingdom (+1.86%), Ireland (+1.62%), Portugal (+1.47%), Germany (-1.11%), and France (+0.67%) display stable or moderate changes. - **Declines**: Italy (-2.21%), Austria (-1.7%), and Netherlands (-0.3%) indicate a downward trend in expenditures.
Emerging Markets to Watch: - **Eastern Europe**: Romania, Slovakia, and Lithuania demonstrate robust year-on-year growth. - **Developed Markets**: Slight but consistent growth in the UK, Ireland, and Scandinavian countries suggests enduring trends.
Future Trends to Watch: - **Sustainability**: Growing consumer preference for sustainable and ethical dining. - **Technology Adoption**: The integration of advanced technology in catering services. - **Health and Wellness**: Increasing demand for health-conscious and personalized catering options.
Top countries in Household Expenditure on Catering Services Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 21.15 | 2023 | +1.4% | +1.86% | View data |
| 2 | 2 Spain | 15.9 | 2023 | -3.11% | +0.42% | View data |
| 3 | 3 Italy | 12.16 | 2023 | -10.55% | -2.21% | View data |
| 4 | 4 France | 12.04 | 2023 | -14.8% | +0.67% | View data |
| 5 | 5 Germany | 10.89 | 2023 | -13.22% | -1.11% | View data |
| 6 | 6 Netherlands | 3.54 | 2023 | -17.27% | -0.3% | View data |
| 7 | 7 Austria | 3.17 | 2023 | -10.95% | -1.7% | View data |
| 8 | 8 Greece | 2.69 | 2023 | -11.13% | -1.15% | View data |
| 9 | 9 Ireland | 2.3 | 2023 | -15.42% | +1.62% | View data |
| 10 | 10 Sweden | 2.3 | 2023 | +2.33% | +3.1% | View data |
