Category: Restaurants
Restaurants market research reports by Euromonitor International
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Consumer Foodservice By Location in Peru
Consumer Foodservice By Location in Peru Consumer foodservice through standalone continued to represent the majority of sales in this category in 2023; however, consumer foodservice through travel saw the most significant growth in terms of both transactions and current value sales thanks to the com ... Read More
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Self-Service Cafeterias in Canada
Self-Service Cafeterias in Canada Self-serve services are gaining popularity, appreciated for offering a more convenient and efficient way to order food. Consumers can customise their orders at their own pace and pay for their meals without interacting with staff. This gives customers more control o ... Read More
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Limited-Service Restaurants in Peru
Limited-Service Restaurants in Peru Sales through limited-service restaurants increased significantly in 2023, although growth in this respect was slower than in the previous year. However, consumption in the last quarter was slightly lower due to the economic downturn. Euromonitor International's L ... Read More
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Cafés/Bars in Colombia
Cafés/Bars in Colombia In spite of continuing rising prices in 2023, cafés/bars registered an increase in constant value sales and there was also further opening of new outlets. However, profit margins were under strain, as costs also continued to rise. These rising costs, after cafés/bars having ju ... Read More
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Limited-Service Restaurants in Canada
Limited-Service Restaurants in Canada Rising operating expenses, such as wages, energy, delivery, insurance and rent, partnered with lower consumer demand to reduce restaurants' profitability in 2023. In addition, restaurants have increased levels of debt to continue operating, which, combined with ... Read More
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Cafés/Bars in the Czech Republic
Cafés/Bars in the Czech Republic Bars/pubs in the Czech Republic saw growth in transactions and current value sales slow sharply in 2023 as inflationary pressures continued to drive up alcoholic drinks prices and weaken purchasing power among consumers. Because it is much cheaper to buy alcohol in o ... Read More
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Full-Service Restaurants in Romania
Full-Service Restaurants in Romania The results of full-service restaurants in 2023 were impacted by the lifting of COVID-19 restrictions in 2022, leading to a rise in eating out and consumers returning to the foodservice experience. However, high inflation continued to impact results, with the high ... Read More
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Consumer Foodservice By Location in the Czech Republic
Consumer Foodservice By Location in the Czech Republic The Czech foodservice market saw growing numbers of operators in standalone locations downsize to smaller outlets in 2023. Most visible among independents, this trend was partly explained by the desire to reduce overheads and maintain or improve ... Read More
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Consumer Foodservice in Italy
Consumer Foodservice in Italy Consumer foodservice in Italy continued on the path to recovery in 2023 with transaction value exceeding pre-pandemic levels (in current value terms) while the volume of transactions also continued to grow. Nonetheless, with Italy’s economy struggling and businesses fac ... Read More
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Full-Service Restaurants in China
Full-Service Restaurants in China In 2023, full-service restaurants rebounded from the COVID-19 lockdowns experienced in 2022. However, there was a decline in the spend per transaction during the year, which can primarily be attributed to the overall economic downturn. The macroeconomic challenges o ... Read More
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Limited-Service Restaurants in China
Limited-Service Restaurants in China In 2023, limited-service restaurants in China saw a robust recovery in terms of both value sales and volume transactions, benefiting from the relatively low base of 2022, when consumer foodservice establishments were considerably impacted by prolonged periods of ... Read More
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Self-Service Cafeterias in China
Self-Service Cafeterias in China In 2023, self-service restaurants experienced a revival of its growth rate, following the challenges posed by the COVID-19 lockdown the previous year. However, the average spend per transaction continued to decline, which was primarily linked to the overall economic ... Read More
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Consumer Foodservice in China
Consumer Foodservice in China In 2023, consumer foodservice in China saw a robust recovery in terms of value sales and transaction volumes, benefiting from the relatively low base of 2022, when consumer foodservice outlets were severely negatively impacted by prolonged periods of lockdown due to COV ... Read More
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Cafés/Bars in China
Cafés/Bars in China In 2022, due to the resurgence of COVID-19 and the implementation of lockdowns, offline businesses were severely impacted, leading to a significant reduction in traffic and a high-single-digit decline in retail value sales of cafés/bars. Nonetheless, specialist coffee and tea sho ... Read More
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Consumer Foodservice By Location in China
Consumer Foodservice By Location in China In the context of foodservice by location in 2023, there was a noticeable increase in the proportion of dining within retail, travel, leisure, and lodging locations compared with 2022. The primary reason for this shift was the impact of COVID-related lockdow ... Read More
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Cafés/Bars in the US
Cafés/Bars in the US 2023 represented the first full year of a post-pandemic world for most people in the US, and the return to somewhat normal life helped to drive recovery for categories within cafés/bars that had struggled during the peak pandemic years. In particular, bars/pubs and juice/smoothi ... Read More
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Consumer Foodservice in South Korea
Consumer Foodservice in South Korea Despite optimistic expectations of rapid recovery in consumer consumption following the COVID-19 pandemic, transaction growth in overall consumer foodservice in South Korea experienced a slowdown in 2023, exacerbated by prolonged inflation. The current circumstanc ... Read More
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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