The beverage serving activities sector in France has experienced dynamic fluctuations over the past decade. From 2013 to 2019, the industry saw notable growth, especially in 2019 with a significant year-on-year increase of 26.01%. The impact of the COVID-19 pandemic was evident in 2020 with a substantial decrease of 35.32%. However, the sector showed resilience with a rebound in 2021 (18.5% rise) and continued to grow in 2022 (14.33%) and 2023 (8.96%). As of 2023, the sector's production stood at 6.62 billion Euros. The overall five-year CAGR leading up to 2023 was 3.77%.
Looking ahead from 2024 to 2028, the forecast indicates consistent growth, with the sector expected to reach 7.02 billion Euros by 2028. The projected five-year CAGR is 0.94%, with an anticipated overall growth rate of 4.77% over this period.
Future trends to watch for include sustainable practices within beverage serving activities, potential impacts of economic fluctuations, technological advancements, and evolving consumer preferences towards healthier beverage options. Additionally, ongoing recovery from the pandemic and the adaptation to possible new health regulations will be critical factors driving the sector's future performance.
