In 2023, the number of enterprises in the Restaurant and Mobile Food Service sector in Germany was considerably lower, setting the stage for anticipated growth. From 2024 to 2028, the industry is projected to expand steadily, increasing from 155.34 thousand to 165.94 thousand enterprises, representing a Compound Annual Growth Rate (CAGR) of approximately 1.63% over this period. Year-on-year growth is stable, with around a 1.71% increase each year between 2024 and 2028, suggesting a positive upward trend.
Future trends to watch for include:
- The influence of digitalization and technology integration in improving service and customer engagement.
- Shifts in consumer preferences towards healthier and sustainable food options.
- Potential economic factors, including labor market changes and inflation, affecting the industry's growth rate.