Netherlands: Food Service - Hotel Restaurant Institutional Annual

Hotel, restaurant, and institutional (HRI) foodservice industry sales in the Netherlands in 2023 were valued at €15.3 billion in 2023, up by nine percent compared to 2022. Last year, sales in all segments saw an increase but restaurants and cafés saw its sales go up the most, profiting from the trading down trend among consumers. Consumer foodservice operators faced significant cost increases, and many were forced to pass these rising costs onto consumers, while also focusing on minimizing waste and adjusting menus to manage expenses. Competition in the foodservice sector intensified in 2023, especially with food retailers increasing their focus on meal delivery services and convenience store formats. These grocery giants, offering ready meals, meal kits, and delivery services, became more attractive alternatives to traditional foodservice options, especially during times of high inflation when consumers were more cautious with their spending.