Category: Food & Beverage
Food & Beverage market research reports by Euromonitor International
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Street Stalls/Kiosks in Romania
The growth of street stalls/kiosks in 2024 was attributable to their widespread popularity amongst Romanians of all ages and incomes for purchasing of snacks (such as pretzels, bagels and pastries) on-the-go throughout the day. With high inflation and the rising cost of living in 2024, prices increa ... Read More
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Consumer Foodservice in the Netherlands
After a rapid post-pandemic recovery, the performance of consumer foodservice in the Netherlands in 2024 was disappointing. This was particularly evident in the first half of the year due to adverse weather conditions. Although the total number of transactions increased slightly and has now reached ... Read More
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Consumer Foodservice in Poland
The consumer foodservice market in Poland continued to see growth in both transaction volumes and current value sales in 2024, albeit at a slower pace than in recent years. This was partly due to the normalisation of consumption habits, after the rapid post-pandemic rebound in 2021-2022. Moreover, p ... Read More
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Consumer Foodservice in Hungary
Despite ongoing economic pressures, the Hungarian consumer foodservice market remained resilient in 2024, demonstrating positive growth in current value terms. The country continues to struggle with one of the highest inflation rates in the European Union, affecting both consumers and businesses. Ri ... Read More
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Cafés/Bars in the Philippines
In 2024, cafés/bars in the Philippines recorded moderate growth in terms of both current value and volume of transactions, albeit at slower rates than the previous year of the review period as consumer behaviour normalised post-pandemic. Growth was driven by an increase in consumer mobility and an i ... Read More
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Self-Service Cafeterias in the Philippines
In 2024, street stalls/kiosks in the Philippines grew at a slower rate than the previous year of the review period, primarily due to increased competition from fast-food chains, convenience stores, coffee shops and other foodservice establishments offering affordable alternatives. For instance, milk ... Read More
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Full-Service Restaurants in Finland
In 2024, full-service restaurants in Finland registered declines in foodservice transactions and value sales. In general, consumer foodservice suffered from the weak economy, with rising unemployment, government cuts on certain benefits and low consumer confidence. As a result, many consumers econom ... Read More
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Cafés/Bars in Greece
In 2024, foodservice value sales in cafés and bars in Greece grew by 3%, although the number of outlets declined. From July 2024, the VAT rate on coffee changed, rising from 13% to 24% when table service was included. This led to price increases for sit-in coffee. Cafés offering table service adapte ... Read More
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Cafés/Bars in the Netherlands
Cafés/bars recorded growth in both value RSP terms and the total number of transactions. However, the increase in average prices and concerns about consumer purchasing power had a negative effect on the category. Local consumers became more careful with their spending, leading some to forgo purchasi ... Read More
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Limited-Service Restaurants in the Netherlands
Limited-service restaurants in the Netherlands saw mixed results in 2024. In terms of the number of transactions and foodservice RSP, there was a further increase in overall value. However, the number of outlets declined. This category still has a relatively large number of outlets that can be chara ... Read More
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Limited-Service Restaurants in Poland
In 2024, limited-service restaurants in Poland outperformed the overall consumer foodservice market in current value terms. While rising costs of ingredients, labour, and advertising have driven up prices across the industry, these outlets remain a more affordable option compared to full-service res ... Read More
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Full-Service Restaurants in Poland
Poland’s full-service restaurant sector experienced modest growth in 2024, primarily driven by menu price adjustments aimed at offsetting rising operational costs. As these establishments tend to be more expensive, they were hit harder by increased consumer budget-consciousness compared to limited-s ... Read More
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Full-Service Restaurants in Singapore
Full-service restaurants in Singapore saw a challenging year in 2024, with foodservice sales declining in value and volume terms. This followed strong growth in 2022 and 2023 which was driven by the post-pandemic momentum and recovery with consumers to start eating out again. However, against a back ... Read More
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Limited-Service Restaurants in Singapore
Limited-service restaurants in Singapore continued to see growth in terms of the number of outlets in 2024. However, this was not reflected in sales growth with the volume and value of transactions in limited-service restaurants seeing a weaker performance compared to 2023. This can be attributed in ... Read More
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Street Stalls/Kiosks in Singapore
Street stalls/kiosks saw moderate sales growth in current value terms in 2024, with this being primarily driven by independent street stalls/kiosks, with chained street stalls/kiosks seeing only a slight increase in sales. In Singapore, independent street stalls/kiosks primarily refer to hawker cent ... Read More
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Consumer Foodservice in Finland
Consumer foodservice in Finland experienced another challenging year in 2024, following the pressures caused by Coronavirus (COVID-19) and high inflation earlier in the review period. The main issues were a chronically underperforming Finnish economy, with little growth since the 2008-2009 financial ... Read More
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Consumer Foodservice in the Philippines
In 2024, consumer foodservice in the Philippines showed resilience, driven by the country’s growing middle class and their increasing preference for dining out as the local economy strengthens. The category grew steadily, with local consumers continuing to prioritise experiences and convenience in t ... Read More
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Consumer Foodservice in Singapore
The goods and services tax (GST) rate in Singapore was raised from 8% to 9% from 1 January 2024, which led to an increase in the cost of dining out. It also led to an increase in the prices of essential goods and basic necessities which negatively impacted consumer purchasing power in 2024. As a res ... Read More
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Self-Service Cafeterias in Greece
In 2024, foodservice value sales in self-service cafeterias grew by 3%, while chained player seeing the strongest growth. The performance of self-service cafeterias in Greece is heavily influenced by tourist flows, as most outlets are located in areas such as ferries, campsites, service stations on ... Read More
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Full-Service Restaurants in the Netherlands
Reduced spending power and high prices affected full-service restaurants in the Netherlands in 2024, with slower growth in terms of transactions and RSP value, and only modest growth in the number of outlets. At the beginning of the review period, the price for a main course at an average full-servi ... Read More
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Cafés/Bars in Hungary
Hungary’s cafés/bars experienced a decline in outlet numbers in 2024, driven by persistent inflation, reduced consumer spending, and shifting social habits. The pub scene, in particular, has suffered a significant downturn, signifying not just an industry setback but a cultural shift in Hungarian so ... Read More
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Self-Service Cafeterias in Hungary
In Hungary, the growing trend of workers returning to offices is driving a resurgence in self-service cafeterias. As companies scale back remote work options and mandate in-person attendance, office occupancy rates are rising, leading to increased foot traffic in nearby dining establishments. This s ... Read More
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Limited-Service Restaurants in Hungary
Limited-service restaurants in Hungary registered double-digit growth in current value terms in 2024, having embraced a two-pronged strategy to attract a broad customer base. On the one hand, players emphasised affordability by maintaining value-driven and budget-friendly offerings, catering to pric ... Read More
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Self-Service Cafeterias in Poland
Self-service cafeterias were among the strongest performers in Poland's consumer foodservice industry in terms of current value sales growth in 2024. Much like limited-service restaurants, these establishments proved more resilient to the cost-of-living crisis than other categories, largely due to t ... Read More
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Self-Service Cafeterias in Singapore
Self-service cafeterias struggled in 2024 reporting declining a decline in current value terms for the second year running, with this being linked in part to the lack of innovation and variety in the category. Overall, foodservice in Singapore in 2024 saw a challenging year. Consumers struggled with ... Read More
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