Forecast: Production in Restaurants and Mobile Food Service Activities Sector in Belgium

The production in the Restaurants and Mobile Food Service Activities sector in Belgium has shown significant variability over the years. From 2013 to 2018, there was a generally upward trend, with a peak year-on-year growth of 10.84% in 2016. However, 2019 and 2020 saw notable declines, primarily due to economic uncertainties and the impact of the COVID-19 pandemic. The sector started to recover in 2021, showing a substantial year-on-year increase of 29.38%. The growth continued into 2022 and 2023, reaching a total value of 10.44 billion Euros in 2023. The sector is forecasted to keep growing with a projected CAGR of 2.51% from 2024 to 2028.

Future Trends to Watch for:

• Adoption of technology and digital innovations in food service operations.

• Increase in demand for delivery and takeout services post-pandemic.

• Sustainability practices, including eco-friendly packaging and waste reduction.

• Diversification into healthier food options catering to evolving consumer preferences.