The event catering and other food service activities sector in Germany was valued at approximately 15.4 billion Euros in 2023. Forecasted data indicates a consistent annual growth with percentages ranging from 3.9% for the coming years, reaching a value of 18.39 billion Euros by 2028. The average annual growth rate over this five-year period is aligned with a CAGR of around 3%.
Future trends to watch for include:
- Increasing demand for personalized and experiential catering services.
- Growth in the popularity of sustainable and locally sourced food options.
- Impact of economic fluctuations on corporate event hosting budgets.
- Technological advancements in service delivery and management.
