Category: Food Service & Hospitality
Food Service & Hospitality market research reports by Euromonitor International
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Full-Service Restaurants in Colombia
The practice of making restaurant reservations and then not showing up has become a major financial challenge for the foodservice industry in Colombia. In 2024, value sales for full-service restaurants declined by 8%. In Bogotá, an average of 32% of reservations go unfulfilled, which has significant ... Read More
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Limited-Service Restaurants in Colombia
In 2024, foodservice value sales for limited-service restaurants in Colombia increased by 7%. However, during the year, various companies either maintained or slightly increased their number of transactions, while overall sales grew primarily due to a rise in average ticket prices. These price incre ... Read More
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Cafés/Bars in Spain
Spain has always been a country that is full of bars/pubs, but despite efforts to modernise and adapt to new consumer preferences, there has been a significant shift away from these outlets with consumers turning towards other types of foodservice such as full-service restaurants and limited-service ... Read More
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Street Stalls/Kiosks in Spain
Street stalls/kiosks saw steady growth in value and volume terms in 2024 with this format slowly recovering from the dramatic decline seen following the outbreak of COVID-19. Although sales are yet to recover the pre-pandemic levels the channel is still showing strong promise. With lower startup cos ... Read More
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Full-Service Restaurants in Spain
Full-service restaurants continued to see positive growth both in current value terms and in terms of the number of transactions in 2024, although growth was more modest than in the previous few years. Going out and socialising over a meal remained an important part of the Spanish culture while full ... Read More
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Full-Service Restaurants in Bulgaria
Full-service restaurants benefited from an increase in customer visits as the Bulgarian economy made a recovery in 2024. Higher disposable incomes fuelled expenditure patterns at these restaurants which are generally more expensive than limited-service restaurants. Prior to this year, Bulgarians had ... Read More
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Consumer Foodservice By Location in Colombia
In the short term, the growth of shopping malls has slowed, with little to no new developments. Instead, 2024 has seen the growing trend of expanding and reimagining existing spaces by creating flexible, adaptive zones and specialised gastronomic experiences that encourage community interaction. Eur ... Read More
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Self-Service Cafeterias in Spain
Self-service cafeterias saw healthy growth overall in current value terms and in terms of the number of transactions. However, it is important to note that this growth was fuelled by a strong performance from chained self-service cafeterias with these dominating sales. Chained self-service cafeteria ... Read More
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Cafés/Bars in Bulgaria
Coffee culture is already well developed in Bulgaria where locals enjoy spending time in cafés and bars. Falling inflation in Bulgaria and the general slowdown in price increases provided a boost to consumer confidence in 2024. Whilst coffee prices continued to rise, easing inflation and food costs ... Read More
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Vending in New Zealand
The year 2024 marked a recovery for vending, with the channel returning to value growth after a sharp decline in 2023. Given the economic uncertainty in recent years, it has been a challenging period for vending machines in terms of sales performance, with total value sales still well below pre-pand ... 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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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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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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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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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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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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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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