Forecast: Number of High Growth Enterprises in Restaurants and Mobile Food Service Activities in Italy

In 2023, the number of high growth enterprises in the Italian restaurants and mobile food service sector reached approximately 1.28 thousand. Forecasts indicate a continuous annual increase, with the number expected to reach 1.62 thousand by 2028. The year-on-year growth from 2024 to 2028 averages around 4.7%. Over this five-year period, the sector's compound annual growth rate (CAGR) is projected to be 4.8%.

Future trends to watch for:

  • Emergence of fusion and international cuisines driving growth in new segments.
  • Increasing investment in technology for operations management and customer engagement.
  • Shift towards sustainability and plant-based options influencing new enterprise formations.

Top Countries about Street Food