Romania Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2027

Romania Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2027

Summary

“Romania Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2027” published by GlobalData provides extensive insight and analysis of the Romanian Foodservice market over the next five years (2022-27) and acts as a vital point of reference for operators or suppliers.

The Romanian profit sector’s total revenue reached RON31.6 billion ($6.7 billion) in 2022, showing sluggish growth with a CAGR of only 0.2% from 2017 to 2022. The economic slowdown during 2020 and 2021 combined with high inflation impacted foodservice sales. However, the sector registered positive growth in 2022, thanks to robust economic growth which restored consumer confidence and played a crucial role in driving demand for foodservice establishments. The mobile operator channel registered the highest growth of 4.3% followed by the QSR channel during 2017-22. During 2022-27, the Romanian profit sector will register a strong CAGR of 11.6%.

The report includes -

• Overview of Romania's macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on the Romanian 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 the Romanian 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 Romanian population.
• Key players: Overview of market leaders within the four major channels including business descriptions and number of outlets.

Scope

• Pub, club & bar was the top channel, contributing to 32.3% of total sales in the sector, while QSR secured the second position with a 17.7% share of sales. FSR was the third-largest channel by revenue in 2022 with a value of RON4.6 billion ($0.9 billion) or 14.5% of the overall sector revenue. FSR was followed by the accommodation and workplace channels, with sector sales shares of 9% and 7.5%, respectively. During 2017-22, the leisure and travel channels registered a sharp decline in value sales at negative CAGRs of 5.8% and 2.1%, respectively, due to cross-border restrictions leading to reduced tourist inflow. The coffee & tea shop channel had the highest presence of chain restaurants in 2022, with them accounting for 74.4% of total channel revenue. QSR was the most popular channel of choice for young consumers in 2022. Education was the largest cost sector channel in 2022.

Reasons to Buy

• Specific forecasts of the foodservice market over the next five years (2022-27) 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.