Forecast: Turnover in Restaurants and Mobile Food Service Activities Sector in Germany

The turnover in the Restaurants and Mobile Food Service Activities sector in Germany experienced significant fluctuations between 2013 and 2023. The turnover rose from 30.9 billion euros in 2013 to 55.21 billion euros in 2023. From 2019 to 2020, there was a dramatic decline of 38.77% due to the pandemic, followed by a recovery in 2021 with a 34.03% increase. The turnover achieved a steady growth in 2023, standing at 55.21 billion euros, marking an 11.93% increase from the previous year. Over the past five years, the sector experienced an average annual growth rate (CAGR) of 2.53%. Forecasts predict a moderated but consistent growth, with a CAGR of 2.26% for the 2024-2028 period, achieving a total turnover of 63.66 billion euros by 2028.

Future trends to watch for:

• Continued recovery from the pandemic and its long-term impact on consumer behavior.
• Increasing digitalization in food services, including online ordering and delivery.
• Growing consumer demand for healthier, sustainable dining options.
• Potential economic fluctuations impacting discretionary spending.