Category: Food Service & Hospitality
Asia Food Service & Hospitality
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Full-Service Restaurants in China
... the overall economic downturn. The macroeconomic challenges of 2023, coupled with heightened uncertainty, led to more cautious consumer spending. In response to this environment, restaurants implemented various strategies to address consumers’ emphasis on value for ... Read More
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Limited-Service Restaurants in China
... were considerably impacted by prolonged periods of lockdown and a series of social distancing measures. Rising disposable incomes and a faster pace of life were also factors supporting the channel’s strong growth momentum in 2023. ... Read More
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Self-Service Cafeterias in China
... which was primarily linked to the overall economic downturn. Euromonitor International's Self-Service Cafeterias in China report offers a comprehensive guide to the size and shape of the market at a national level. It provides foodservice ... Read More
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Consumer Foodservice in China
... severely negatively impacted by prolonged periods of lockdown due to COVID-19, and a series of pandemic measures imposed by the government. Wide increases in disposable income, rising urbanisation, and the resumption of pre-pandemic lifestyles were ... Read More
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Cafés/Bars in China
... sales of cafés/bars. Nonetheless, specialist coffee and tea shops showed resilience by offering contactless pick-up and delivery services, therefore achieving low single-digit growth in current value terms. Euromonitor International's Cafés/Bars in China report offers a ... Read More
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Consumer Foodservice By Location in China
... The primary reason for this shift was the impact of COVID-related lockdowns in 2022, which severely affected various activities outside the home. In 2023, as lockdown measures had been lifted and consumers’ lives returned to ... Read More
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Street Stalls/Kiosks in China
... as those offering braised snacks, fried chicken, and breakfast, also experienced growth, their performances were moderate, mainly characterised by an increase in chained outlets and brand turnover. The swift expansion of tea street stalls was ... Read More
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Vending in Japan
... during the pandemic, a rebound was seen over 2022-2023. Consumers have shown an interest in the concept of obtaining food in a convenient way, which is opening up new opportunities for food players to reach ... Read More
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Consumer Foodservice in South Korea
... inflation. The current circumstances of consumer foodservice in South Korea are not solely a result of a superficial increases in prices, but deeply rooted in the cascading effects of inflation on input costs, compounded by ... Read More
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Self-Service Cafeterias in South Korea
... a rich variety of options, and offer a relative abundance of food at a reasonable price in a period of high inflation. Previously frequented by older people and part-time workers, these establishments have been gaining ... Read More
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Consumer Foodservice By Location in South Korea
... double-digit current value growth in 2023. From a corporate perspective, drive-through outlets prove effective for operating profits, addressing the concerns and needs of contemporary consumers who prioritise time. Therefore, both Starbucks and McDonald's announced an ... Read More
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Full-Service Restaurants in South Korea
... popular amongst health-conscious, middle-aged, and older individuals, had to shut their doors. Euromonitor International's Full-Service Restaurants in South Korea report offers a comprehensive guide to the size and shape of the market at a national ... Read More
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Limited-Service Restaurants in South Korea
... raw materials costs and labour expenses. In 2023, operators faced a challenging landscape, as rising prices once again proved to be a formidable task due to heightened price sensitivity amongst consumers. In an effort to ... Read More
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Cafés/Bars in South Korea
... advances in coffee machines led to standardisation of taste, promoted operational efficiency, and drove the emergence of numerous low cost brands. There has been an increase in the number of consumers seeking low cost specialist ... Read More
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Street Stalls/Kiosks in South Korea
... mukbang YouTubers who focused on ASMR content, creating videos featuring the cracking sound of the hard sugar coating and the bursting juice inside. These videos stimulated the interest and consumption desires of Millennials and Generation ... Read More
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Consumer Foodservice By Location in Japan
... In terms of local travel, COVID-19 became less of a threat as it was downgraded to the same level as seasonal flu, and the government’s travel subsidy programme encouraged people to travel more. In terms ... Read More
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Limited-Service Restaurants in Japan
... that they would raise prices again in 2023, as production costs remained high. With consumers tightening their budget and becoming more selective, pricing strategy was key to retain consumers. Euromonitor International's Limited-Service Restaurants in Japan ... Read More
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Self-Service Cafeterias in Japan
... regarding infection control were left to individuals and businesses as a general rule. This shift pushed consumers in Japan to return to pre-COVID-19 behaviours, including eating outside the home. Self-service cafeterias such as udon and ... Read More
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Full-Service Restaurants in Japan
... rise, and players continued to find it difficult to control production costs. In particular, the weakening yen impacted the costs of imported products such as meat and wheat. Logistics and energy costs also remained high. ... Read More
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Cafés/Bars in Japan
... dining out. In particular, bars/pubs, which suffered the most within cafés/bars during the pandemic, showed a significant rebound, with strong double-digit current value growth from 2022 to 2023. Companies have gradually increased the proportion of ... Read More
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Street Stalls/Kiosks in Japan
... thanks to their mobility, which allowed them to quickly adapt to home seclusion and move from business areas to residential areas. On the contrary, as the flow of people returned to business areas, food trucks ... Read More
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Consumer Foodservice in Japan
... the status of COVID-19. On 8 May 2023, the Japanese government announced that it would reclassify COVID-19 as a class 5 infectious disease – the same classification as seasonal flu. As a result, decisions regarding ... Read More
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India Catering Market Outlook to 2028
... adapted to meet a wide range of demands. Global and local players contribute to the market, providing a mix of traditional and contemporary culinary experiences. The market covers corporate catering, institutional catering, event catering, and ... Read More
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South Korea Foodservice Market Forecast to 2027
... the South Korean Foodservice market over the next five years (2022–27) and acts as a vital point of reference for operators or suppliers. The South Korean profit sector’s revenue reached KRW131.1 trillion ($101.5 billion) in ... Read More
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Ethnic Foods Market Report by Cuisine Type (American, Chinese, Japanese, Mexican, Italian, and Others), Food Type (Vegetarian, Non-Vegetarian), Distribution Channel (Food Services, Retail Stores), and Region 2024-2032
... 54.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 110.4 Billion by 2032, exhibiting a growth rate (CAGR) of 8.02% during 2024-2032. The cultural diversity, changing consumer preferences for diverse ... Read More
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