The data shows that the production value of restaurants and mobile food service activities in Sweden grew steadily from 2013 to 2019, peaking at 11.13 billion euros. In 2020, the industry faced a sharp decline of 12.55% due to the impact of the COVID-19 pandemic. However, it recovered quickly, with significant growth in 2021 and continued positive trends through 2023, where the value stood at 13.16 billion euros. The CAGR over the last five years is 3.5%.
Future trends to watch for:
- Continued recovery and growth post-pandemic with significant annual increases up to 2028.
- Integration of technology and digital ordering systems in restaurants and mobile food services.
- Increasing consumer preference for sustainable and locally-sourced food options.