This result for the restaurant sector was due, in addition to inflation, to demand from families and companies, as well as the growth of tourism, explains Informa D&B.

The analysis allowed us to conclude that the change in consumption habits made the 'fast food' segment the most dynamic, with its turnover registering an increase of 10.5% in 2023, to 1,525 million euros, the equivalent of 28.2% of the sector's total.

Restaurants with table service earned 3,690 million euros, the remainder corresponding to aggregate revenues from self-services.

Furthermore, Informa D&B's projections indicate that in 2024 and 2025 the aggregate turnover of Portuguese restaurants "will maintain a growth trajectory, albeit at a lower rate than in previous years".

The restaurant sector in Portugal is mainly made up of small independent companies, in which capital ownership usually coincides with company management.

However, in recent years there has been a tendency towards concentration of activity, due to the development of the largest chains, including 'fast food', emphasises the study.

The five largest companies in the sector by turnover had a combined market share of 14% in 2023, while the ten largest had 19%, concludes the analysis carried out.