The 2023 data indicates a substantial disparity in the share of high-growth enterprises across European countries in the Food, Beverages, and Tobacco retail sector. Hungary leads significantly with over 100% of such enterprises, followed by Lithuania and Latvia at 53% and 51.54%, respectively. Other countries like Slovakia, Czech Republic, and Portugal show moderate numbers, while nations such as Iceland, Romania, and Italy demonstrate lower shares, with Norway at the bottom tier. Year-on-year variations remained relatively stable over the last two years, while the five-year CAGR highlights minor overall growth in these countries' sectors.
Looking ahead, potential trends include:
- The emergence of niche markets may drive increased enterprise formation in smaller economies.
- Policy shifts regarding food supply chains and sustainability could impact growth dynamics.
- Technological adoption in retail could enhance efficiencies, potentially increasing the share of high-growth enterprises.
Top countries in Share of High Growth Enterprises in the Population of Active Enterprises in Food, Beverages and Tobacco Retail in Specialised Stores by Country
| # | 10 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Hungary | 100.28 | 2023 | View data |
| 2 | 2 Lithuania | 53 | 2023 | View data |
| 3 | 3 Latvia | 51.54 | 2023 | View data |
| 4 | 4 Slovakia | 25.42 | 2023 | View data |
| 5 | 5 Czech Republic | 20.92 | 2023 | View data |
| 6 | 6 Portugal | 18 | 2023 | View data |
| 7 | 7 Iceland | 12.01 | 2023 | View data |
| 8 | 8 Romania | 11.93 | 2023 | View data |
| 9 | 9 Italy | 10.75 | 2023 | View data |
| 10 | 10 Norway | 7.37 | 2023 | View data |
