The Value Added of Food and Beverage Service Activities in Finland has shown a consistent upward trend from 2013 to 2023. As of 2023, the value stands at €3.25 billion. Over the last two years, the year-on-year variations were 2.42% in 2022 and 2.33% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years is approximately 2.28%. Forecast data suggest continued growth with a forecasted CAGR of 1.61% over the next five years, reaching a value of €3.6 billion by 2028.
Future trends to watch for include:
- Increasing consumer demand for sustainable and locally sourced food and beverages.
- Technological advancements in food service operations, including digital ordering and delivery systems.
- Potential impacts of economic conditions and consumer spending patterns on the foodservice market.