Forecast: Turnover of Food and Beverage Services in the Netherlands

From 2013 to 2023, the turnover of Food and Beverage Services in the Netherlands grew consistently except for a significant drop in 2020 due to the COVID-19 pandemic. The turnover rebounded in 2021 and continued to grow in subsequent years. In 2023, the turnover stood at 23.7 billion euros, reflecting an 11.25% year-on-year increase. Over the last five years (2018-2023), the compound annual growth rate (CAGR) was 3.57%, signaling a steady recovery post-pandemic.

Forecasts from 2024 and beyond show continued growth, with the turnover expected to reach 28.42 billion euros by 2028. The forecasted five-year CAGR is 2.87%, highlighting moderate but steady growth.

Future trends to watch for include:

  • Emerging consumer preferences towards healthier and sustainable food options.
  • The impact of technological advancements and digital transformation in food services.
  • Potential challenges from economic fluctuations and global supply chain disruptions.

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