Forecast: Production in Beverage Serving Activities Sector in the Netherlands

The Beverage Serving Activities sector in the Netherlands experienced varied performance from 2013 to 2023. The period until 2020 saw moderate growth with steady year-on-year increases, reaching a peak in 2018. The COVID-19 pandemic in 2020 drastically impacted production, leading to a significant decline of 36.01%. Post-pandemic recovery began in 2021 and continued through 2022, with the sector regaining momentum and surpassing pre-pandemic production levels by 2023 with a value of 3.52 billion euros, marking an 8.64% increase over the previous year. The five-year CAGR from 2019 to 2023 is 0.41%, reflecting modest annual growth.

Future trends to watch for:

  • Projected steady growth from 2024 to 2028, with an average annual growth rate of 0.46%.
  • Continued recovery and stabilization in post-pandemic consumer behavior and spending.
  • Impact of potential economic changes and emerging market dynamics on consumer spending in the beverage segment.
  • Technological advancements and innovation in service delivery and customer experience.

Top Countries about Food Services