Forecast: Number of High Growth Enterprises in Food and Beverage Services in Italy

In 2023, the number of high growth enterprises in the food and beverage services sector in Italy stood at approximately 1.72 thousand enterprises. From 2024 to 2028, the forecast shows an increasing trend: 1.8 thousand in 2024, 1.89 thousand in 2025, 1.98 thousand in 2026, 2.07 thousand in 2027, and 2.15 thousand in 2028. This represents an average Compound Annual Growth Rate (CAGR) of approximately 4.56% over the five-year period. The year-on-year growth rates are projected at around 5% for each subsequent year.

Future trends to watch include the impact of digital transformation and sustainability practices within the sector. Additionally, evolving consumer preferences and economic conditions could influence growth trajectories, as well as ongoing innovation in product offerings and service delivery.

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