Portugal Foodservice Market Size and Trends by Profit and Cost Sector Channels, Consumers, Locations, Key Players, and Forecast, 2021-2026

Portugal Foodservice Market Size and Trends by Profit and Cost Sector Channels, Consumers, Locations, Key Players, and Forecast, 2021-2026

Summary

“Portugal Foodservice Market Size and Trends by Profit and Cost Sector Channels, Consumers, Locations, Key Players, and Forecast, 2021-2026” published by GlobalData provides extensive insight and analysis of the Portuguese Foodservice market over the next five years (2021-2026) and acts as a vital point of reference for operators or suppliers.

The overall value of the Portuguese foodservice profit sector declined at a negative CAGR of 0.5% during 2016-2021. The government enforced restrictions on dine-in services during 2020 and shut down other business activities which hindered restaurant and hospitality sectors in the country. However, take-aways and home deliveries were permitted during the lockdown which played a vital role in mitigating losses of foodservice businesses. In the future, as businesses resume operations, profit sector channels will register increase in number of transactions, which will support the growth of the country’s foodservice market. With the return of normalcy, dine-ins will continue to dominate majority of foodservice channels in Portugal.

The report includes-

• Overview of Portugal’s macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on Portugal’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, Coffee & Tea Shop, and Pub, Club & Bar) within Portugal’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 Portuguese population.
• Key players: Overview of market leaders within the four major channels including business descriptions and number of outlets.

• In 2021, the QSR channel led the profit sector, with a market share of 40.8%. It was followed by FSR and pub, club & bar channels with market shares of 25.8% and 17.8%, respectively. The coffee & tea shop channel contributed a smaller share of 4.5% of the market.
• The QSR channel led the sector with the highest number of outlets in 2021, with an outlet count of 28,019 and recorded a CAGR of 0.5% during 2016-2021. Meanwhile, the accommodation, and pub, club & bar channels recorded declines in outlet count during 2016-2021.

• Specific forecasts of the foodservice market over the next five years (2021-2026) 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, Coffee & Tea shop, and Pub, Club & Bar) will allow readers understand the wants and needs of their target demographics.