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

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

Summary

“Switzerland 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 Swiss Foodservice market over the next five years (2021-2026) and acts as a vital point of reference for operators or suppliers.

The report includes -

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

• Switzerland’s nominal GDP per capita recorded an annual increase of 4.5% in 2021 with the easing of COVID-19 restrictions and an increase in external demand.
• Consumer price inflation (CPI), which stood at 0.6% in 2021, will increase to 2.9% in 20221 due to rising global energy and commodity prices resulting from the Ukraine crisis.
• The unemployment rate in Switzerland grew from 4.8% in 2020 to 5.1% in 2021. Switzerland’s foodservice profit sector generated a revenue of CHF17.4 billion ($19 billion) in 2021. The sector sales recorded a decline of 3.4% during 2016-21, primarily due to restrictions on social gatherings and tourism. The number of transactions decreased significantly during 2016-21, dropping at a CAGR of 4.1%.
• Take-aways and deliveries played a crucial role in the foodservice sector due to convenience as well as digital and technological advancements.
• Independent operators dominate the profit sector. Switzerland’s profit sector is forecast to record growth at a CAGR of 8.6% during 2021-26.

• QSR was the second-largest channel in the Swiss foodservice profit sector, with a share of 28.3% in 2021. Despite limitations on supply and operations amid the pandemic, the channel’s sales grew from CHF4,558 million ($4,625 million) in 2016 to CHF4,919 million ($5,382 million) in 2021, registering a CAGR of 1.5%.
• FSR was the largest channel in the Swiss profit sector in 2021 and was valued at CHF7.6 billion ($8.3 billion). The channel accounted for 43.9% of Switzerland’s total profit sector revenue in 2021.
• The coffee & tea shop channel accounted for 2.6% of the profit sector’s sales in 2021. The channel was valued at CHF450 million ($492 million) in 2021, declining at a negative CAGR of 2.8% during 2016-21. The channel is projected to grow at a CAGR of 6.8% during 2021-26, primarily led by the rise of the transaction number and the average transaction value.
• Pub, club & bar was the fourth-largest channel in the Swiss foodservice profit sector in 2021, accounting for 5.7% of the profit sector’s sales in 2021. The channel’s value sales totaled CHF994 million ($1,087 million) in 2021, declining from CHF1,443 million ($1,464 million) in 2016, at a negative CAGR of 7.2% during 2016-21.

• 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.