Foodservice market 2022: €5.8 billion growth

FoodService Instituut Nederland (FSIN) reported at the annual FSIN Brunch conference during the Horecava that the turnover of food service companies had increased by more than 40%, to a turnover of €19.1 billion. Despite still being subject to corona measures in the first quarter of 2022, the food sector had managed to return sales almost to pre-crisis levels.

Existing problems remain

But for hospitality entrepreneurs, it was not a jubilant year. While turnover recovered quickly, the sector was struggling with a major staff shortage. Many businesses even had to close their doors one or more days a week. "The total turnover of the sector could have been at least 5% to 10% higher," said Inga Blokker, director of the FSIN.

Consumers returned to the hospitality industry en masse in 2022, after the last corona restrictions were lifted. After a long time of staying at home, they had missed the feeling of 'getting away from it all'. Total spending on food and drink reached €66.3 billion in 2022, of which 29% came from foodservice (hospitality, catering and convenience). Supermarkets recorded growth of more than 5%, while speciality shops suffered a decline of 1.6%.

Forecast for 2023

For 2023, the FSIN expects sales in the out-of-home sector to fully recover and reach around €20.4 billion. Gas and energy prices, which have a great impact on the wallet and thus the disposable income of the Dutch, remain an uncertain factor. The behaviour of the Dutch does ensure that the signals are green, as the Dutch - and especially the younger generations - are increasingly eating and drinking out. These are becoming increasingly important moments of enjoyment, especially for those facing a lot of time pressure.

Source: FSIN