The production value of restaurants and mobile food service activities in Germany stood at €55.34 billion in 2023, marking a 12.47% increase from the previous year. Historical data reveals a consistent growth trend from 2013 to 2019, followed by a sharp decline in 2020 due to the COVID-19 pandemic. The market rebounded significantly in 2021 and 2022. Over the past five years, the compound annual growth rate (CAGR) has been 2.65%. Looking ahead, forecasts indicate continued growth, with the market expected to reach €65.4 billion by 2028, representing a 5-year CAGR of 2.65%.
Future trends to watch include the rising demand for online food delivery services, the impact of sustainability practices on consumer preferences, and the growing influence of plant-based and health-conscious food offerings. Advancements in technology, such as AI-driven personalization and automation in food preparation, are also likely to shape the industry moving forward.
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