Companies in the food sector work with the largest number of employees in the industry – 28%, compared to 9% for the metallurgical companies.
Overall, catering companies account for 25% of all industrial plants against 13% for metallurgy, statistics show.
Concerning its impact to the Greek economy, the food industry produces 20% of the country’s total GDP, and its revenues are second (22%) behind the fuel and refineries sector (33%).
Data also shows that small catering companies are predominant in Greece – 95% of total food production and 87% of beverages. In most cases, data pinpoints micro-enterprises, with up to ten employees.
Naturally, large companies with over 250 employees dominate the market. They earn 36% of the total catering sector revenue and 57% of beverages.
About 13,000 micro-enterprises are securing 18.2% of the catering industry revenue. A total of 661 beverage micro-enterprises have a 7.8% of the industry’s total revenue.
Due mostly to the financial crisis, the annual consumption of food and non-alcoholic beverages in Greece has declined by 20% in absolute terms between 2010 and 2015.
Source: Finance Apprise