The turnover of event catering and other food service activities in Denmark has shown a steady increase from 2013 to 2019, with a notable decline in 2020 due to the global pandemic. Recovery started in 2021, and by 2023, the turnover stood at 1.29 billion Euros. Year-on-year variations demonstrate periods of both growth and decline, with significant recovery post-2020. The CAGR over the last five years shows an average annual variation of 0.15%, indicating a resilient but slower growth rate.
Forecasts from 2024 to 2028 suggest a steady growth trajectory, with turnover expected to reach 1.37 billion Euros by 2028. The forecasted five-year CAGR up to 2028 is 0.95%, projecting modest but consistent growth. Key trends to monitor in the future include the impact of economic conditions, shifts in consumer preferences towards sustainable and locally sourced food, and technological advancements in the catering industry.