Foodservice Market In UK 2024-2028
The foodservice market in UK is forecasted to grow by USD 53.68 bn during 2023-2028, accelerating at a CAGR of 6.64% during the forecast period. The report on the foodservice market in UK provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rise of food delivery apps and online ordering platforms, rising demand for allergen-free dining, and the changing lifestyles of consumers.
Technavio's foodservice market in UK is segmented as below:
By Type
- Fast foodservice
- Restaurant
- Cafes and bars
- Delivery and takeaway
- Others
By Application
- Conventional
- Centralized
- Ready prepared
- Assembly serve
By Sector
This study identifies the virtual restaurants and ghost kitchens gaining traction as one of the prime reasons driving the foodservice market in UK growth during the next few years. Also, the growing number of strategic alliances in the market and the high demand for plant-based ingredients will lead to a sizable demand in the market.
The report on the foodservice market in UK covers the following areas:
- Foodservice market in UK sizing
- Foodservice market in UK forecast
- Foodservice market in UK industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading foodservice market in UK vendors that include Bid Corp. Ltd., Compass Group Plc, Cooperatie Koninklijke Cosun UA, Creed Foodservice, Elior Group SA, Greggs Plc, Hannah Food Service, JJ Food Service Ltd., JMP Foodservice, Kitwave Group plc, McDonald Corp., Mitchells and Butlers plc, MKG Foods, Nandos Group, Nestle SA, PepsiCo Inc., PizzaExpress Restaurants Ltd., The Coca Cola Co., The Restaurant Group PLC, and Whitbread PLC. Also, the foodservice market in UK analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.