Category: Restaurants
Restaurants market research reports by Euromonitor International
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Self-Service Cafeterias in Colombia
Self-Service Cafeterias in Colombia In October 2023, the first IKEA store in Colombia was opened, in Bogotá. There are also plans for additional stores in Medellín and Cali by 2024. Along with furniture and home goods, the outlet also has the IKEA distinctive self-service cafeteria. The further expa ... Read More
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Cafés/Bars in the Philippines
Cafés/Bars in the Philippines During 2023, cafés/bars recorded solid growth in terms of both current value and volume of transactions. This was driven to a large extent by an increase in consumer mobility, with locals being keen to make up for the time lost during the pandemic. An increase in inboun ... Read More
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Self-Service Cafeterias in Italy
Self-Service Cafeterias in Italy After a strong recovery in demand in 2022 as COVID-19 measures were relaxed the number of transactions through self-service cafeterias started to decline again in 2023. This decline was in part due to the fact that more consumers are now spending at least part of the ... Read More
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Limited-Service Restaurants in the Netherlands
Limited-Service Restaurants in the Netherlands Limited-service restaurants performed relatively well in 2023, with robust rises in current value sales growth driven by high inflation, and positive growth in volume transactions. Euromonitor International's Limited-Service Restaurants in Netherlands r ... Read More
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Consumer Foodservice By Location in Bulgaria
Consumer Foodservice By Location in Bulgaria Driven by rising unit prices and strong inflationary pressure, consumer foodservice continued to record double-digit value growth in 2023. The performance varied depending on the location; however, all categories managed to grow at a similar rate and surp ... Read More
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Cafés/Bars in Italy
Cafés/Bars in Italy Cafés/bars continued on the path to recovery in 2023, with growth being seen in terms of both the number of transactions and the value. Despite this positive performance the number of outlets continued to decline, continuing the pattern seen throughout the review period. Outlet c ... Read More
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Self-Service Cafeterias in Sweden
Self-Service Cafeterias in Sweden The weaker economy in 2023 has led many consumers to restrict spending on eating out and self-service cafeterias are equally feeling the impact. Inflation has remained high in 2023, leading to higher prices in self-service cafeterias, which is stifling demand but eq ... Read More
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Limited-Service Restaurants in Bulgaria
Limited-Service Restaurants in Bulgaria With no pandemic-related movement and travel restrictions mandated by the government, foodservice continues to recover in 2023. Limited-services restaurants, in particular, are recording strong value growth as a result of strong and renewed consumer demand, as ... Read More
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Full-Service Restaurants in Slovakia
Full-Service Restaurants in Slovakia In spite of continuing high inflation, full service restaurants registered double-digit constant value growth. The announcement that the reduced 10% VAT rate, which was introduced during the pandemic, was going to be permanent, boosted the sector. Sustainability ... Read More
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Limited-Service Restaurants in Norway
Limited-Service Restaurants in Norway Although outlets numbers continued to decline in 2023, limited-service restaurants witnessed another solid year in Norway and registered one of the best performances in consumer foodservice. On balance, limited-service restaurants have proved resilient to the cr ... Read More
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Consumer Foodservice in Denmark
Consumer Foodservice in Denmark Consumer foodservice in Denmark saw a strong recovery in 2022 with sales successfully recovering to pre-pandemic levels both in terms of the volume and value of transactions. While sales continued to grow in current value terms in 2023 it was at a significantly slower ... Read More
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Consumer Foodservice in Austria
Consumer Foodservice in Austria 2023 was the first year since the pandemic when consumer foodservice in Austria did not face any access or opening restrictions, which naturally led to an increase in footfall and transactions. However, inflation remained unusually high for the second year in a row, t ... Read More
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Consumer Foodservice in Hungary
Consumer Foodservice in Hungary The high rate of inflation remained a topic of great concern to consumers and business owners in 2023, with Hungary recording one of the highest rates seen in the EU. Consumer foodservice outlets have been challenged with managing higher expenses for energy, ingredien ... Read More
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Consumer Foodservice in Indonesia
Consumer Foodservice in Indonesia Consumer foodservice in Indonesia saw another year of positive growth in 2023, although current value sales remained well below pre-pandemic levels. Demand slumped in 2020, as the Community Activities Restrictions Enforcement (PPKM) put in place to contain the COVID ... Read More
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Consumer Foodservice in the Philippines
Consumer Foodservice in the Philippines Despite persisting inflationary pressures, consumer foodservice in the Philippines recorded healthy growth in terms of current value and number of transactions in 2023, with the strong recovery of the economy being one of the main contributors to this trend. S ... Read More
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Consumer Foodservice By Location in Slovakia
Consumer Foodservice By Location in Slovakia Retail locations registered the highest value growth, as retail locations continue to be sought after locations, due to their high footfall. Also, in 2023, the Eurovea shopping centre in Bratislava expanded its food hall and it is now the largest food hal ... Read More
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Consumer Foodservice in Argentina
Consumer Foodservice in Argentina 2023 was an extremely challenging year for consumer foodservice in Argentina, with skyrocketing inflation and steep price hikes throughout. Brands were forced to frequently raise prices, sometimes as often as weekly, to minimise losses. Consumer spending continued t ... Read More
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Consumer Foodservice By Location in Egypt
Consumer Foodservice By Location in Egypt Consumer foodservice through lodging registered among the highest growth rates in current value terms in consumer foodservice by location, as tourism recovered in the wake of the pandemic and the full reopening of society. The industry is betting on further ... Read More
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Consumer Foodservice in Portugal
Consumer Foodservice in Portugal The foodservice industry in Portugal underwent a year of recovery in 2023, despite the challenges brought by high levels of inflation and the consequent loss of consumer purchasing power. In terms of supply, increases in raw material prices and energy costs, combined ... Read More
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Belgium Limited-Service Restaurants
Belgium Limited-Service Restaurants Limited-service restaurants continued to recover from the COVID-19 pandemic in 2023, although value growth was much slower than recent years. This is mainly due to the twin issues of higher food prices and more conservative spending patterns, as inflationary condi ... Read More
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Belgium Consumer Foodservice By Location
Belgium Consumer Foodservice By Location While chained consumer foodservice outlets have been able to expand outlets in travel and retail locations, independents that operate through stand-alone sites are far less flexible. As such, independents have proved to be more vulnerable than chained players ... Read More
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Belgium Full-Service Restaurants
Belgium Full-Service Restaurants Full-service restaurants remain the most affected foodservice category since the COVID-19 pandemic, with transactions and current value sales in 2023 still well below 2019 levels. Some losses were recouped following a strong rebound in sales during 2022, due to extre ... Read More
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Cafés/Bars in Slovakia
Cafés/Bars in Slovakia Bars/pubs registered very healthy double-digit constant value growth in 2023, in spite of high inflation. There were also a significant number of openings. The introduction of a permanent reduced 10% VAT rate bolstered the sector. That being said, the number of traditional pub ... Read More
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Limited-Service Restaurants in Romania
Limited-Service Restaurants in Romania The positive performance of limited-service restaurants in 2023 was aided by the lifting of COVID-19 restrictions in March 2022, allowing limited-service restaurants to appeal through the convenience they provide. In addition, the high cost of living and the lo ... Read More
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Limited-Service Restaurants in Slovakia
Limited-Service Restaurants in Slovakia While inflation remained high in 2023, government measures aimed at protecting the hospitality sector benefitted limited-service restaurants. In particular, the reduced 10% VAT rate (from a previous 20%), which was introduced during the pandemic, was made perm ... Read More
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