The landscape of high growth enterprises in beverage serving activities across Europe varies significantly. In 2023, Italy led with 34.68% share, followed by Portugal at 29.1% and Hungary at 14.77%. These countries show robust growth, with Hungary exhibiting the most dynamic year-on-year increase of 27.54%. Conversely, Iceland's segment contracted sharply by 30.12%. Notable growth was also observed in Lithuania and Portugal, each over 7%, while most other countries experienced modest increases around 5-6%, except Norway and Iceland, which faced challenges.
Future trends to monitor include the potential expansion in emerging markets such as Eastern European countries, where growth in high-growth enterprises might accelerate. Additionally, adapting to consumer trends, technological advancements, and regulatory changes will be crucial for sustaining growth in these enterprises. Watch for digital innovations and eco-friendly initiatives that could reshape the beverage serving landscape in these regions.
Top countries in Number of High Growth Enterprises in Beverage Serving Activities Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 34.68 | 2023 | +29.92% | +7.68% | View data |
| 2 | 2 Portugal | 29.1 | 2023 | +29.76% | +7.02% | View data |
| 3 | 3 Hungary | 14.77 | 2023 | +26.17% | +27.54% | View data |
| 4 | 4 Lithuania | 8.32 | 2023 | +24.59% | +7.07% | View data |
| 5 | 5 Romania | 6.46 | 2023 | +25.53% | +5.57% | View data |
| 6 | 6 Czech Republic | 5.91 | 2023 | +25.58% | +5.66% | View data |
| 7 | 7 Slovakia | 4.49 | 2023 | +17.14% | +5.08% | View data |
| 8 | 8 Norway | 1.42 | 2023 | +30% | +1.61% | View data |
| 9 | 9 Latvia | 1.2 | 2023 | +22.22% | +4.1% | View data |
| 10 | 10 Iceland | 0.11 | 2023 | 0% | -30.12% | View data |
