In 2023, the gross income of food and beverage services in Brazil stood at 56 billion Brazilian Reals. The forecasted data from 2024 to 2028 shows a steady upward trend in the industry, beginning at 58.36 billion Brazilian Reals in 2024 and reaching 68.84 billion Brazilian Reals by 2028. This indicates a year-on-year growth rate of approximately 4.6% from 2023 to 2024. Over the last two years, the upward trend continued with an average growth rate of around 4.5% each subsequent year. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is 4.5%, indicating consistent growth in the food and beverage services industry.

Some key trends to watch for in the future include:

The increasing demand for healthier and more diverse food options.
The impact of digital transformation and delivery services on growth.
Potential influence of economic fluctuations on consumer spending habits.
The role of sustainability initiatives and eco-friendly practices in shaping industry standards.