Forecast: Turnover of Beverage Serving Activities in the Netherlands

The turnover of beverage serving activities in the Netherlands exhibited a generally positive trend from 2013 to 2019, with a growth rate ranging from -1.71% to 4.37%. Notably, 2020 experienced a significant downturn with a -41.25% year-on-year variation, primarily due to the COVID-19 pandemic. The market began to recover in 2021 with a 36.58% increase and continued its positive momentum in 2022 and 2023, achieving year-on-year growth of 16.73% and 9.97%, respectively. By 2023, the turnover stood at 3.54 billion Euros, showcasing resilience and recovery.

Looking forward, the forecast data from 2024 to 2028 indicate moderate growth, with year-on-year variations stabilizing around 0.52% annually. The projected CAGR over the next five years is 0.52%, suggesting a steady but slow increase in turnover.

Future trends to watch for:

  • Potential impacts of economic fluctuations and consumer behavior changes on the beverage industry.
  • Influence of technological advancements and digital transformations in enhancing customer experience.
  • Environmental regulations and sustainability initiatives that could alter business operations and costs.

Top Countries about Food Services