Denmark Foodservice Market Size and Trends by Profit and Cost Sector Channels, Consumers, Locations, Key Players and Forecast to 2027

Denmark Foodservice Market Size and Trends by Profit and Cost Sector Channels, Consumers, Locations, Key Players and Forecast to 2027

Summary

“Denmark Foodservice Market Size and Trends by Profit and Cost Sector Channels, Consumers, Locations, Key Players and Forecast to 2027” published by GlobalData provides extensive insight and analysis of the Danes Foodservice market over the next five years (2022-2027) and acts as a vital point of reference for operators or suppliers.

The foodservice profit sector generated revenue of DKK76.6 billion ($10.8 billion) in 2022, registering a CAGR of 0.7% during 2017-22. Take-aways and deliveries continued to play a crucial role in leading the value sales among foodservice businesses, especially in the quick-service restaurant (QSR) and full-service restaurant (FSR) channels. Value sales of dine-in services improved as tourism returned to full capacity.

Independent operators dominated the profit sector in 2022. FSR was the largest foodservice profit sector channel in 2022, with a share of 37.1%. This reflects the popularity of traditional fine-dining experiences among Danish consumers. QSR was the second-largest channel in 2022, accounting for 21.6% of the total profit sector value.

The report includes -

• Overview of Denmark's macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on Denmark's foodservice market including GDP per capita, consumer price index, population growth and annual household income distribution.
• Growth dynamics: In-depth data and forecasts of key channels (QSR, FSR, and Pub, Club & Bar) within Denmark's foodservice market, including the value of the market, number of transactions, number of outlets and average transaction price.
• Customer segmentation: Identify the most important demographic groups, buying habits and motivations that drive out-of-home meal occasions among segments of the Denmark's population.
• Key players: Overview of market leaders within the three major channels including business descriptions and number of outlets.

Scope

• FSR was the largest channel in the Danish foodservice profit sector which accounted for 37.1% of the total value sales. The channel’s value registered a CAGR of 2.7% during 2017-22. Dine-in sales recorded a CAGR of 2.5% during 2017-22, while take-away sales registered a CAGR of 11.2%, as consumers preferred home delivery options rather than visiting the outlets. QSR was the second-largest channel in the Danish foodservice profit sector in 2022, with a share of 21.6% of the total value sales. The pub, club & bar channel was valued at DKK12.1 billion ($1.7 billion) in 2022. Due to the pandemic, the channel recorded a negative CAGR of 2.6% during 2017-22.

Reasons to Buy

• Specific forecasts of the foodservice market over the next five years (2022-2027) will give readers the ability to make informed business decisions through identifying emerging/declining markets.
• Consumer segmentation detailing the desires of known consumers among all major foodservice channels (QSR, FSR, and Pub, Club & Bar) will allow readers understand the wants and needs of their target demographics.