In 2023, internal tourism expenditure on food and beverage serving services in Norway stood at 28.15 billion Norwegian Krones. Forecasted data for 2024 project expenditure to reach 28.84 billion Norwegian Krones, showing a year-on-year increase of 2.45% from 2023. The upward trend continues with expenditures expected to rise to 29.56 billion Norwegian Krones in 2025 (a 2.50% increase from 2024), 30.26 billion Norwegian Krones in 2026 (a 2.37% increase from 2025), 30.95 billion Norwegian Krones in 2027 (a 2.28% increase from 2026), and finally, 31.62 billion Norwegian Krones in 2028 (a 2.17% increase from 2027). The Compound Annual Growth Rate (CAGR) over these five years marks an average annual growth rate of 2.35%.
Future trends to watch for include potential shifts in tourist behavior due to evolving dietary preferences, sustainability trends, and the impact of global economic factors on domestic tourism expenditure patterns. Additionally, digital innovation in the food and beverage industry may further influence expenditure growth in this sector.
