Category: Food & Beverage
Food & Beverage market research reports by Euromonitor International
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Consumer Foodservice in Bulgaria
The desire to dine out at consumer foodservice establishments witnessed a slight improvement in Bulgaria over 2024. The industry received a boost from easing inflation leading to a slowdown in price rises, although this resulted in slightly lower current value growth. Real wage growth translated int ... Read More
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Consumer Foodservice in Colombia
Consumer foodservice in Colombia navigated significant challenges in 2024. The industry faced rising taxes, increased prices of key ingredients, and economic uncertainty driven by higher bank interest rates. These factors made consumers more cautious with their spending, leading to reduced use of cr ... Read More
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Vending in Portugal
Vending saw a significant value crash in Portugal in 2024, having previously maintained relatively stable growth over the recent review period, bar a decline in 2019-2020 due to the pandemic restrictions in place at the time. Notably, drinks and tobacco vending is the largest area in vending, with t ... Read More
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Supermarkets in New Zealand
New Zealand’s competition watchdog is filing charges against Woolworths and the local PAK'nSAVE. This comes less than three months after the Australian Competition and Consumer Commission (ACCC) launched legal proceedings against the supermarket giants in Australia for allegedly misleading their cus ... Read More
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Self-Service Cafeterias in Colombia
In 2024, foodservice value sales for self-service cafeterias in Colombia saw a modest rise of 2%. Due to inflationary pressures throughout the year, many restaurants, including self-service cafeterias, were forced to raise their menu prices. However, these cafeterias have been cautious with their pr ... Read More
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Cafés/Bars in Colombia
In 2024, foodservice value sales in cafés and bars in Colombia grew by 10%. Bars and pubs emerged as the best-performing category, with foodservice value sales rising by 11%. Despite this growth in value, they experienced a decline in transactions. The increase in sales was largely driven by higher ... Read More
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Limited-Service Restaurants in Spain
While many consumer foodservice channels saw a contraction in their number of outlets and only modest growth in sales, limited-service restaurants saw a much more positive performance. The category saw an increase in the number of outlets alongside healthy growth in current value terms and in the nu ... Read More
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Consumer Foodservice By Location in Spain
There was strong growth in inbound travel in Spain in 2024 which had positive effect on foodservice outlets in lodging and travel locations. Responding to the strong demand, hotel chains saw the opportunity to diversify their sales by improving their foodservice offerings. Aside from serving guests ... Read More
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Self-Service Cafeterias in Bulgaria
Transaction growth slowed in self-service cafeterias over 2024. Although retail price inflation decreased, menu prices remained high compared to previous years as operators passed on rising labour and energy costs to customers. Nevertheless, the category benefitted from the overall price sensitivity ... Read More
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Street Stalls/Kiosks in Bulgaria
The performance of street stalls/kiosks in Bulgaria is driven by two types of operators. Firstly, the traditional street stall and kiosks offering bakery products and local cuisine specialties, which are in areas of high foot traffic, such as train/bus stations. In addition, modern street food stall ... Read More
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Limited-Service Restaurants in Bulgaria
In 2024, limited-service restaurants in Bulgaria posted steady growth in transactions and value sales, although the pace slowed in comparison to recent years. The category was outperformed by full-service restaurants which saw a gradual uptick in customer visits as part of its general recovery. Limi ... Read More
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Consumer Foodservice By Location in Bulgaria
Consumer foodservice registered growth in the number of outlets across all categories in 2024. This is due to improving macroeconomic environment, the extension of the lower 9% VAT, fewer bankruptcies and the revival in dining out. Higher consumer spending drives value sales of standalone outlets a ... Read More
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Small Local Grocers in Vietnam
In 2024, small local grocers in Vietnam continued to feel increasing pressure under growing pressure from modern grocery retailers such as chained convenience stores, including GS25, and smaller supermarkets like WinMart+ or Bach Hoa Xanh. These modern outlets benefit from economies of scale, which ... Read More
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Vending in Vietnam
The prevalence of vending machines in Vietnam is minimal, while small family-owned stores, street vendors and convenience stores are widespread throughout the country. As a result, demand for vending machines is relatively low. In addition, vending machine maintenance in Vietnam is risky in terms of ... Read More
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Small Local Grocers in Taiwan
Small local grocers continued to focus on curated retail stores in Taiwan’s prominent commercial districts in 2024. Renowned shopping districts include Taipei, Zhongshan, Taichung, Shen Ji New Village, Kaohsiung, The Pier-2 Art Center. These areas are characterised by their vibrant atmosphere and hi ... Read More
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Vending in Taiwan
The rise of smart vending machines helped to support sales in vending in Taiwan in 2024. Indeed, smart vending machines are leading a new trend, particularly in industries like food service and manufacturing that face significant labour shortages. As these sectors struggle to recruit employees, smar ... Read More
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Small Local Grocers in New Zealand
In the face of higher costs and inflationary pressures, small local grocers in New Zealand have struggled to keep up with big corporates in the supermarket channel. Small local grocers are unable to make losses on products the same way supermarket giants can, so tend to pass on any increase in produ ... Read More
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Supermarkets in Chile
Supermarkets closed 2024 on a positive note, with an increase in outlet numbers and sales. The smaller footprint and the growing number of independent players have helped the channel to maintain growth, even in a difficult economic climate, where inflation has affected consumers’ perspective and lim ... Read More
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Vending in Chile
While vending in Chile had started to experience some innovation prior to the emergence of the pandemic, with consumer electronics and appliances, beauty and health care, and many other product categories slowly trialling the format, the impact of home seclusion and the growth of e-commerce and last ... Read More
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Street Stalls/Kiosks in Japan
In 2024, street stalls/kiosks in Japan experienced a significant increase in value sales, largely attributed to the ongoing popularity of food trucks. These mobile eateries proved resilient during the pandemic, as their ability to relocate allowed them to adapt quickly to changing circumstances. Whi ... Read More
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Self-Service Cafeterias in Japan
In 2024, self-service cafeteria in Japan continued to post positive current value growth, having already surpassed pre-pandemic sales levels the previous year. This resurgence can largely be attributed to a recovery in footfall, particularly following the Japanese government's announcement on 8 May ... Read More
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Consumer Foodservice in Japan
In 2024, consumer foodservice in Japan continued to post positive growth, with current value sales finally returning to pre-pandemic levels. This recovery can be mainly attributed to the revitalisation of movement and social interactions, both domestic and inbound. On 8 May 2023, the government down ... Read More
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Cafés/Bars in Japan
In 2024, bars/pubs in Japan continued to demonstrate positive value growth, building on a rebound marked by double-digit growth from 2022 to 2023. This resurgence can largely be attributed to an increase in foot traffic, particularly following the Japanese government's decision in May 2023 to downgr ... Read More
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Limited-Service Restaurants in Japan
In 2024, limited-service restaurants in Japan continued to record solid growth, having already surpassed pre-pandemic sales figures in 2022. Even during the pandemic, these establishments, particularly burger, chicken, and pizza-focused outlets, thrived by enhancing their takeaway and delivery servi ... Read More
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Small Local Grocers in Chile
Small local grocers in Chile continues to benefit from the closeness to communities but has struggled with the rise in costs and by consumers remaining cautious with their spending whenever possible. In this sense, competing with large channels such as supermarkets and hypermarkets remains the leadi ... Read More