The share of young high growth enterprises, known as gazelles, in Italy's accommodation and food services sector is projected to rise steadily from a value of 1.51% in 2024 to 1.78% in 2028. Comparing this with an estimated value of 1.44% for 2023, the sector is set for a positive trajectory. The year-on-year growth rate from 2024 to 2025 is 4.64%, and from 2025 to 2026, the growth rate is 3.80%. The calculated compound annual growth rate (CAGR) from 2024 to 2028 is approximately 3.87% per year.
Future trends to watch for include technological adoption in service delivery, potential market saturation challenges, and economic conditions that influence consumer expenditure. Ongoing innovation and responsiveness to changing consumer preferences will likely sustain this growth in the medium to long term.
