Forecast: Turnover of Event Catering and Other Food Service Activities in Italy

Event catering and other food service activities in Italy have shown a robust upward trend from 2013 to 2019, growing from €6.41 billion to €7.67 billion. However, the industry faced a significant decline in 2020 due to the pandemic, dropping to €5.17 billion. The sector rebounded strongly in 2021 with a 27.31% increase and continued its recovery trajectory, reaching €8.4 billion in 2023, translating to a 10.44% year-on-year growth. The projected CAGR for the period 2024-2028 is 2.25%, indicating sustained growth with a forecasted turnover of €9.67 billion in 2028.

Future trends to watch for:

  • Increased digitalization and technological integration in event catering services.
  • Rising consumer demand for sustainable and local food sourcing.
  • Expanding market share for niche catering services catering to dietary preferences such as vegan and gluten-free options.
  • Potential influence of economic and political factors on discretionary spending on events.

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