United Kingdom - The Future of Foodservice to 2024

United Kingdom - The Future of Foodservice to 2024

  • July 2020 •
  • 160 pages •
  • Report ID: 5026546 •
  • Format: PDF
United Kingdom - The Future of Foodservice to 2024

Summary
"United Kingdom - The Future of Foodservice to 2024" published by the analyst provides extensive insight and analysis of the UK Foodservice market over the next five years (2019-2024) and acts as a vital point of reference for operators or suppliers.

The UK foodservice profit sector witnessed revenue rising at a CAGR of 2.2% between 2014 and 2019. Sector growth is forecast to grow at a contracted CAGR of 1.8% over the next five years to 2024

The report includes -
- Overview of The UK’s macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on The UK’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 Shops, Pubs, Clubs and Bars) within The UK’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 British population.
- Key players: Overview of market leaders within the four major channels including business descriptions and number of outlets.
- Case Studies: Learn from examples of recent successes and failures within the UK’s foodservice market.

Scope
- Outlet growth in all channels is largely static, partly due to a saturated property market that does not provide essential space for profit sector development to the new commercial leasing. Due to this, value growth in all channels is driven mainly by transactional growth.
- Consumers’ desire and need for ultra-convenience has driven the growth of takeaway and delivery options, providing an ever-expanding range of eating occasions that can be satisfied.
- Continued sluggishness of the economy, but slight rise in spending as consumers feel more secure with recovering growth.

Reasons to Buy
- Specific forecasts of the foodservice market over the next five years (2019-2024) 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 shops, Pubs, Clubs and Bars) will allow readers understand the wants and needs of their target demographics.
- Relevant case studies will allow readers to learn from and apply lessons discovered by emerging and major players within The UK’s foodservice market.
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