LONDON, May 24, 2022 (GLOBE NEWSWIRE) -- The Future of Foodservice in Europe market report compendium has been produced in order to provide an in-depth evaluation of the foodservice market in Europe, including an analysis of the key issues impacting the market, and the opportunities this presents for the sector participants.
It provides a detailed analysis of current macro-economic factors and their impact on Europe’s foodservice market including GDP per capita, consumer price index, population growth, and annual household income distribution. It also provides in-depth data and forecasts of key channels within Europe’s foodservice market, including the value of the market, number of transactions, number of outlets, and average transaction price. The report provides identification of the most important demographic groups, buying habits, and motivations that drive out-of-home meal occasions among segments of the European population as well as an overview of market leaders within the four major channels including business descriptions and the number of outlets.
Future of the Foodservice Market in Europe
France Foodservice Market - The foodservice market size in France was valued at $76.9 billion in 2020. The market is projected to grow at a CAGR of more than 15% during the period 2021-2025. In the profit sector, quick service restaurants (QSR) was the leading channel in 2020 followed by full-service restaurants (FSR); accommodation; leisure; and pub, club & bar. The education segment dominated the cost sector, followed by healthcare; military & civil defense; and welfare & services. The travel channel was among the worst hit, as travel restrictions had a major impact on foodservice demand in the channel.
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The UK Foodservice Market - The foodservice market size in the UK was valued at $47.2 billion in 2020. The market is projected to grow at a CAGR of more than 21% during the period 2021-2025. In the profit sector, pub, club & bar was the leading channel in 2020 followed by quick service restaurants (QSR); full-service restaurants (FSR); and coffee & tea shop. Education segment dominated the cost sector, followed by healthcare; military & civil defense; and welfare & services. Chain operators led the foodservice profit sector in the UK.
Europe Foodservice Market Overview
| Europe Foodservice Market | Market Size | CAGR |
| Italy Foodservice Market | $120.5 billion (2021) | >6% (2021-2026) |
| Hungary Foodservice Market | $4.8 billion (2021) | >6% (2021-2026) |
| Spain Foodservice Market | $100.9 billion (2021) | >8% (2021-2026) |
| France Foodservice Market | $76.9 billion (2020) | >15% (2021-2025) |
| The UK Foodservice Market | $47.2 billion (2020) | >21% (2021-2025) |
Reports Included:
Reasons to Buy
- Specific forecasts of the foodservice market over the next five years will give readers the ability to make informed business decisions by identifying emerging/declining markets.
- Consumer segmentation detailing the desires of known consumers among all major foodservice channels will allow readers to understand the wants and needs of their target demographics.
FAQs
What was the Italy foodservice market size in 2021?
The foodservice market size in Italy was valued at $120.5 billion in 2021.
What is the Italy foodservice market growth rate?
The foodservice market in Italy is projected to grow at a CAGR of more than 6% during the forecast period.
What was the Hungary foodservice market size in 2021?
The foodservice market size in Hungary was valued at $4.8 billion in 2021.
What is the Hungary foodservice market growth rate?
The foodservice market in Hungary is projected to grow at a CAGR of more than 6% during the forecast period.
What was the Spain foodservice market size in 2021?
The foodservice market size in Spain was valued at $100.9 billion in 2021.
What is the Spain foodservice market growth rate?
The foodservice market in Spain is projected to grow at a CAGR of more than 8% during the forecast period.
What was the France foodservice market size in 2021?
The foodservice market size in France was valued at $76.9 billion in 2020.
What is the France foodservice market growth rate?
The foodservice market in France is projected to grow at a CAGR of more than 15% during the forecast period.
What was the UK foodservice market size in 2021?
The foodservice market size in the UK was valued at $47.2 billion in 2020
What is the UK foodservice market growth rate?
The foodservice market in the UK is projected to grow at a CAGR of more than 21% during the forecast period.
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