From 2013 to 2019, the turnover of food and beverage services in Germany demonstrated a consistent upward trajectory, peaking at €71.81 billion in 2019. However, in 2020, the sector witnessed a sharp decline (39.77% YoY) due to the COVID-19 pandemic but rebounded strongly in subsequent years. By 2023, turnover reached €80.94 billion, reflecting a significant recovery with a 13.26% year-on-year increase and a 3.62% CAGR over the last five years. The forecast data from 2024 onward predicts a steady growth, with a 2.86% CAGR over the next five years, reaching €96.97 billion by 2028.

Future trends to watch for:

Sustainability and eco-friendly practices within the food and beverage industry
Integration of technology for enhanced customer experience (e.g., mobile ordering, AI)
Continued adaptation to changing consumer preferences towards health-conscious and local produce
Potential impact of economic fluctuations on consumer spending