Based on the provided data, the turnover of beverage serving activities in Spain is forecasted to increase incrementally from 2024 to 2028, with values rising from 20.9 billion Euros in 2024 to 21.2 billion Euros in 2028. This steady growth indicates a positive trend in the market.
Looking at year-on-year percentage variations from 2024 to 2028, the annual growth rates are minimal but consistent:
• 2024-2025: Approximately 0.38%
• 2025-2026: Approximately 0.38%
• 2026-2027: Approximately 0.33%
• 2027-2028: Approximately 0.33%
These consistent positive variations over the past two years reflect a stable, albeit slow, upward trend.
The Compound Annual Growth Rate (CAGR) calculated over the five-year period suggests an average annual increase of approximately 0.36%, indicative of a stable market environment.
Future trends to watch for include potential impacts from technological advancements in the beverage sector, shifts in consumer preferences towards healthier and sustainable options, and economic factors affecting consumer spending power. Monitoring these factors could provide insights into potential deviations from the forecasted steady growth.
