Forecast: Turnover in Food and Beverage Service Activities Sector in Italy

The turnover in the Food and Beverage Service Activities sector in Italy is forecasted to grow steadily from 2024 to 2028, reaching €70.57 billion by 2028. In 2023, the sector stood at €66.10 billion, reflecting a solid foundation. The year-on-year growth from 2024 to 2025 is approximately 1.36%, from 2025 to 2026 is 1.33%, and from 2026 to 2027 is 1.31%. The average annual growth rate (CAGR) over the five-year period from 2024 to 2028 is 1.32%, indicating consistent and stable growth in the sector.

Future trends to watch for include:

  • A potential increase in consumer demand for health-conscious and sustainable food and beverage options.
  • The impact of technological advancements and digital transformations in service delivery and customer engagement.
  • Economic factors and potential regulatory changes that could affect operating costs and profitability.

Top Countries about Food Services