The European food and beverage services sector displays varied dynamics with Hungary leading high-growth enterprises at 2.03 thousand, reflecting an 18.08% year-on-year increase in 2023. Italy follows with 1.73 thousand enterprises and a 6.46% rise. Portugal and the Czech Republic show modest growth with 0.958 and 0.846 thousand enterprises, respectively. Lithuania, Romania, and Slovakia register lower values but within consistent growth trajectories of around 5-6%. Conversely, Latvia and Norway lag with only slight increases.
Future trends to watch include the impact of digital transformation and sustainable practices gaining momentum, which may shape the landscape of high-growth enterprises in the European food and beverage services industry. These factors might drive innovation and competitive positioning across countries.
Top countries in Number of High Growth Enterprises in Food and Beverage Services by Country
| # | 9 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 2,030 | 2023 | +27.63% | +18.08% | View data |
| 2 | 2 Italy | 1,730 | 2023 | +26.89% | +6.46% | View data |
| 3 | 3 Portugal | 958 | 2023 | +20.96% | +0.94% | View data |
| 4 | 4 Czech Republic | 846 | 2023 | +28.18% | +4.1% | View data |
| 5 | 5 Lithuania | 495 | 2023 | +24.37% | +5.99% | View data |
| 6 | 6 Romania | 466 | 2023 | +25.95% | +6.07% | View data |
| 7 | 7 Slovakia | 187 | 2023 | +17.61% | +5.22% | View data |
| 8 | 8 Latvia | 121 | 2023 | +19.8% | +6.58% | View data |
| 9 | 9 Norway | 115 | 2023 | +13.86% | +3.04% | View data |
