The European landscape of high growth enterprises in the food and beverage services segment is led by Hungary, with a share of 28.74%, followed closely by Italy at 24.47%. Portugal and the Czech Republic also display significant figures, with 13.55% and 11.97% respectively. Lithuania, Romania, Slovakia, Latvia, and Norway share comparatively smaller proportions. Year-on-year variations show Hungary's enterprises growing rapidly by 18.08%, significantly outpacing other countries. Over the past five years, growth rates varied, reflecting diverse economic dynamics across the region.
Future trends to watch for include:
- Continued expansion in countries with established markets, driven by technological innovation and market dynamics.
- Potential market shifts in lesser-represented countries as they catch up with digital trends and consumer demand.
- Impact of economic policies and sustainability commitments influencing growth patterns across Europe.
Top countries in Number of High Growth Enterprises in Food and Beverage Services Share by Country (Units (Enterprises))
# | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Hungary | 28.74 | 2023 | +27.63% | +18.08% | View data |
2 | 2 Italy | 24.47 | 2023 | +26.89% | +6.46% | View data |
3 | 3 Portugal | 13.55 | 2023 | +20.96% | +0.94% | View data |
4 | 4 Czech Republic | 11.97 | 2023 | +28.18% | +4.1% | View data |
5 | 5 Lithuania | 7 | 2023 | +24.37% | +5.99% | View data |
6 | 6 Romania | 6.59 | 2023 | +25.95% | +6.07% | View data |
7 | 7 Slovakia | 2.64 | 2023 | +17.61% | +5.22% | View data |
8 | 8 Latvia | 1.71 | 2023 | +19.8% | +6.58% | View data |
9 | 9 Norway | 1.63 | 2023 | +13.86% | +3.04% | View data |