Category: Restaurants
Asia Restaurants
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Consumer Foodservice in Indonesia
... (PPKM) put in place to contain the COVID-19 virus led to a reduction in visits to foodservice outlets. In 2023, growth was driven by an increase in mobility, especially during major holiday periods, such as ... Read More
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Consumer Foodservice in the Philippines
... being one of the main contributors to this trend. Sales were further boosted by the greater mobility of Filipino consumers, including the return of in-person working and the revival of international travel. However, the rate ... Read More
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Full-Service Restaurants in the Philippines
... following the eat-in boom experienced in the aftermath of the pandemic. Demand was also impacted by inflationary pressures, as players such as Shakey's Pizza Asia Ventures Inc, faced with rising input costs, were forced to ... Read More
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Full-Service Restaurants in Turkey
... transactions. As the purchasing power of middle- and upper-middle-income consumers fell, foodservice current value sales slowed down. Average ticket volumes indicating ordered portions/food variety fell in full-service restaurants in 2023. Euromonitor International's Full-Service Restaurants in ... Read More
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Consumer Foodservice By Location in Turkey
... end of the review period. The increase in the numbers of foreign visitors arriving in Turkey exceeded the 2019 pre-pandemic level in number of trips. In addition, inbound tourist receipts benefited strongly as foreign visitors ... Read More
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Limited-Service Restaurants in Turkey
... primarily due to covering a variety of food options with more accessible price points. Therefore, limited-service restaurants catered to a range of orders from small individual ones to large ones for social gatherings. Key metrics ... Read More
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Full-Service Restaurants in Indonesia
... consumers. The other segment caters mainly to low-income and less affluent middle-income consumers, with a more basic service and much simpler interior decor. Consumers dining in the latter are usually simply looking for something to ... Read More
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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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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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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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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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