The forecast for gross investment in the UK food and beverage service sector indicates a steady year-on-year growth from £6.15 billion in 2024 to £6.66 billion in 2028. Compared to 2023, where the investment stood at £6.03 billion, the sector is showing consistent growth. Specifically, there is an approximate annual increase of 2.11% in 2025, 2.07% in 2026, 2.03% in 2027, and 1.83% in 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is projected at 2.06%, demonstrating a stable investment trajectory in the industry.
Future trends to watch for include:
- The impact of economic policies on consumer spending and investment trends.
- The influence of technological advancements and digitization in enhancing the services sector.
- Potential changes in consumer preferences towards healthier and sustainable food options.
- Adaption of businesses to evolving regulatory frameworks, especially concerning environmental and health regulations.