In 2023, the European Production of Food and Beverage Service Activities saw varied growth across countries. France led with a value of 100.01 Billion Euros, showing a solid year-on-year increase of 2.79%. Italy and Germany followed, with values of 89.04 and 75.68 Billion Euros and year-on-year increments of 1.68% and 2.85%, respectively. Greece and Finland experienced a decline, particularly Greece with a -4.79% change, despite having a modest value of 7.65 Billion Euros. Ireland and Slovenia had marginal increases of 0.72% and 2.21%, respectively, with values lower than the main players.
Future trends to watch include:
• The ongoing recovery and growth in France, Italy, and Germany driven by consumer demand and innovation.
• Potential restructuring and revitalization in Greece and Finland, aiming to reverse recent declines.
• Investment and expansion opportunities in smaller markets like Ireland and Slovenia, fostering regional growth.
Top countries in Production of Food and Beverage Service Activities by Country
| # | 7 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 100,010 | 2023 | +2.1% | +2.79% | View data |
| 2 | 2 Italy | 89,040 | 2023 | +1.52% | +1.68% | View data |
| 3 | 3 Germany | 75,680 | 2023 | +2.25% | +2.85% | View data |
| 4 | 4 Greece | 7,650 | 2023 | -2.46% | -4.79% | View data |
| 5 | 5 Finland | 7,570 | 2023 | +2.24% | +2.2% | View data |
| 6 | 6 Ireland | 5,570 | 2023 | +1.22% | +0.72% | View data |
| 7 | 7 Slovenia | 1,480 | 2023 | +2.41% | +2.21% | View data |
