Category: Food Service & Hospitality
Food Service & Hospitality market research reports by Euromonitor International
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Consumer Foodservice By Location in the US
Consumer Foodservice By Location in the US The sale of food through drive-through has continued to grow, and in 2023 remained elevated above the pre-pandemic level. The growth of drive-through ordering was fuelled by the desire to avoid human interaction during the pandemic, but has stuck as consume ... Read More
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Self-Service Cafeterias in South Korea
Self-Service Cafeterias in South Korea In 2022 and 2023, independent self-service cafeterias demonstrated double-digit growth in retail value sales. The primary driver behind this success was the popularity of local Korean cuisine buffets, which provide a rich variety of options, and offer a relativ ... Read More
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Consumer Foodservice By Location in South Korea
Consumer Foodservice By Location in South Korea In 2023, the significant growth in sales of drive-through outlets was noteworthy. This method of fulfilment showed a triple-digit growth rate during COVID-19 in 2020, and still sustained double-digit current value growth in 2023. From a corporate persp ... Read More
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Limited-Service Restaurants in the US
Limited-Service Restaurants in the US 2022 and 2023 saw some of the highest rates of inflation that the US had experienced in years. As ingredients costs increased, and a tight labour market pushed labour costs higher, brands across limited-service restaurants increased menu prices to offset these i ... Read More
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Full-Service Restaurants in South Korea
Full-Service Restaurants in South Korea Traditional buffet-style family restaurants faced significant losses during COVID-19, due to concerns about close contact with many people. In particular, chained Korean buffet brands such as Season’s Table, which were popular amongst health-conscious, middle- ... Read More
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Self-Service Cafeterias in the US
Self-Service Cafeterias in the US The major storyline for self-service cafeterias in the US in 2023 was its continued rebound as pandemic-era health restrictions receded. Self-service cafeterias was particularly hard-hit in the depths of the pandemic, due to logistical concerns about spreading the v ... Read More
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Limited-Service Restaurants in South Korea
Limited-Service Restaurants in South Korea In alignment with the trends observed in 2022, the majority of limited-service restaurants (LSRs) witnessed a surge in menu prices during 2023, which was attributed to the repercussions of escalating raw materials costs and labour expenses. In 2023, operato ... Read More
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Cafés/Bars in South Korea
Cafés/Bars in South Korea Specialist coffee and tea shops is a mature category in South Korea, but continued to show dynamic growth in 2023. Previously, players in specialist coffee shops changed high unit prices, but advances in coffee machines led to standardisation of taste, promoted operational ... Read More
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Full-Service Restaurants in the US
Full-Service Restaurants in the US While inflation affected customer traffic across consumer foodservice categories, full-service restaurants saw a stronger decline in traffic, as some consumers traded down to fast casual and fast food. While growth after the COVID-19 decline helped growth rates in ... Read More
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Street Stalls/Kiosks in South Korea
Street Stalls/Kiosks in South Korea In 2023, tanghulu (sugar-coated fruits on a bamboo skewer) emerged as the most prominent snacking mega-trend in the entire food industry in South Korea. The popularity of tanghulu began with mukbang YouTubers who focused on ASMR content, creating videos featuring ... Read More
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Consumer Foodservice in the US
Consumer Foodservice in the US After three years of having at least a period of time in the year when COVID-19-related restrictions affected restaurant visits, many operators looked forward to 2023 as the first year of a return to normalcy. High inflation and its reverberating effects throughout the ... Read More
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Full-Service Restaurants in South Africa
Full-Service Restaurants in South Africa Rising interest rates and high inflation have impacted the development of larger format consumer foodservice establishments due to the greater costs involved. Thus, there is a focus on smaller format outlets. Market saturation in urban areas has resulted in a ... Read More
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Full-Service Restaurants in Chile
Full-Service Restaurants in Chile The dynamic landscape of full-service restaurants reveals subtle shifts, particularly in the context of closures and the lasting impact of an incomplete recovery. Soaring restaurant costs have placed significant pressure on profit margins, with food venue inflation ... Read More
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Street Stalls/Kiosks in Chile
Street Stalls/Kiosks in Chile In recent years, Chile has experienced a significant upswing in informal street food vending, particularly since the pandemic emerged. This trend directly responds to escalating unemployment rates, meagre wages in formal employment, inflationary pressures, and the subst ... Read More
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Cafés/Bars in Chile
Cafés/Bars in Chile In Chile, the historical hindrances of higher prices, limited accessibility, and inadequate information have impeded the widespread embrace of specialist coffee shops. Despite recent shifts, where specialist coffee shops and roasteries have gained traction in a nation traditional ... Read More
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Cafés/Bars in South Africa
Cafés/Bars in South Africa With COVID-19 restrictions on foodservice outlet trading hours being enforced for a number of years in South Africa, the after effects are still being felt and there is a continued shift from evening to daytime dining. This trend is further entrenched by the lower cost of ... Read More
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Consumer Foodservice By Location in South Africa
Consumer Foodservice By Location in South Africa The pandemic and its subsequent restrictions imposed on travel had a significant impact on the entire tourism industry, including consumer foodservice through travel. This location recorded the most severe declines in 2020, as, whilst all locations we ... Read More
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Limited-Service Restaurants in Chile
Limited-Service Restaurants in Chile Chile presently stands as the seventh-highest market of fast food per capita on a global level, with an annual intake of 201.9 kg. Throughout the nation, numerous establishments provide a wide range of limited-service options, with burgers, hot dogs, and pizzas b ... Read More
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Self-Service Cafeterias in Chile
Self-Service Cafeterias in Chile In 2023, self-service cafeterias in Chile maintained a niche presence within consumer foodservice, holding marginal share overall. The channel’s main attraction is allowing patrons to choose from diverse options and customise portion sizes. Unlike other foodservice c ... Read More
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Consumer Foodservice in Chile
Consumer Foodservice in Chile In 2023, the economic landscape has been marked by inflation, high interest rates, and increased unemployment. As a result, individual budgets have contracted, forcing consumers to focus on essential spending. Nevertheless, post-pandemic, there has been a shift in consu ... Read More
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Consumer Foodservice By Location in Chile
Consumer Foodservice By Location in Chile In Chile and across Latin America, the security concern has taken centre stage, impacting many businesses nationwide, especially within consumer foodservice. A notable challenge that key players in this industry face is closely tied to the dynamics of nightl ... Read More
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Street Stalls/Kiosks in South Africa
Street Stalls/Kiosks in South Africa Whilst street stalls/kiosks has long been dominated by independent players in South Africa, the changing trading environment has seen a growing interest by chained operators that are traditionally present in limited-service and full-service restaurants. Famous Br ... Read More
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Limited-Service Restaurants in South Africa
Limited-Service Restaurants in South Africa South Africa is struggling with the impact of high inflation and decreased disposable incomes, resulting in brands needing to be competitive to obtain their share of financially-restricted consumers’ budgets. Post-pandemic, eating out is considered a treat ... Read More
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Consumer Foodservice in South Africa
Consumer Foodservice in South Africa The trading environment in South Africa paints a bleak picture; post-pandemic recovery hindered by deteriorating local economic conditions, including erratic electricity supply, weak growth and high levels of inflation. South Africa’s food price inflation has com ... Read More
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Full-Service Restaurants in Australia
Full-Service Restaurants in Australia The pandemic and subsequent lockdowns resulted in many changes in consumer habits, the impacts of which are still being felt throughout the consumer foodservice industry. One of these changes has been the increase in the number of consumers dining out alone, rat ... Read More
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