The Forecast for turnover in Belgium's Restaurants and Mobile Food Service Activities sector reveals a steady increase from 13.11 billion Euros in 2024, to 15.54 billion Euros in 2028. Compared to 2023, which stood at 12.50 billion Euros, this exhibits a consistent year-on-year growth: 4.87% from 2024 to 2025, 4.45% from 2025 to 2026, 4.19% from 2026 to 2027, and 4.02% from 2027 to 2028. Over the last two years, the sector demonstrated a robust growth in demand and turnover. The Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 is 4.38%, signaling a positive long-term trend.
Future trends to watch in this sector include:
- Increasing consumer preference for convenience and diverse food options driving growth in the mobile food service market.
- Technological advancements and digitalization improving service efficiency and customer engagement.
- Rising health and sustainable eating habits potentially influencing menu offerings and operational practices.