Household expenditure on catering services in Sweden reached 14.13 Billion Euros in 2023. Analyzing from 2013 to 2023, we observe a general upward trend with a few exceptions. Notable declines occurred in 2018 and 2020, the latter influenced by the COVID-19 pandemic. The year-on-year variation has generally been positive, although declines in 2018 and 2020 interrupted the growth. Over the past five years, the expenditure showed an average increase of 3.1% annually.
Looking ahead, forecasts suggest a steady growth trend, averaging an annual CAGR of 1.69% from 2024 to 2028. Expenditure is expected to reach 15.72 Billion Euros by 2028, which indicates an 8.74% increase over five years.
Future trends to watch for include changes in consumer behavior post-pandemic, economic factors influencing disposable incomes, and technological advancements in the catering sector that may drive efficiencies and attract more household spending.
