France Foodservice: The Future of Foodservice in France to 2016

Synopsis

“France Foodservice: The Future of Foodservice in France to 2016” provides a top-level overview and detailed market, channel and company-specific analysis of the French foodservice market.

Summary

Why was the report written?
This report is the result of Canadean’s extensive market and company research covering the France foodservice industry. It provides detailed analysis of both historic and forecast industry values at channel level, analysis of the leading companies in the foodservice industry and the France’s business environment and landscape. The report provides a detailed study of the French foodservice industry in context of a difficult economic environment in Europe.

What is the current market landscape and what is changing?
The French foodservice market is expected to grow at a CAGR of 0.7% till 2016. As a result of the strong tourism industry in France, foodservice in the accommodation segment is expected to benefit with increased occupancy and average room rates. Furthermore, France is to host the 2016 UEFA European Football Championship, which is forecast to increase demand for the hospitality and leisure industry and in turn, support the French foodservice industry.

What are the key drivers behind recent market changes?
Foreign direct investment (FDI) is the main driver behind market growth in the French foodservice market alongside growing exports, increases in disposable incomes, stabilized consumer confidence and a demographic shift towards single-person households in the country. However, the French government’s deficit cuts, public debt, inflation and the Euro-zone debt crisis could impede growth during the period

What makes this report unique and essential to read?
“France Foodservice: The Future of Foodservice in France to 2016” provides a top-level overview and detailed market, channel and company-specific insights into the operating environment for foodservice companies. It is an essential tool for companies active across the France foodservice value chain, and for new companies considering entering the industry.

Scope

This report provides readers with unparalleled levels of detail and insight into the development of foodservice sector within France.

This report provides readers with in depth data on the valuation and development of both profit and cost sectors in the France foodservice market.

This report provides details on the number of outlets, transactions, average price, foodservice sales, sales per outlet and transactions per outlet per week across nearly 50 sub-channels.

This report provides highly insightful future forecasts and historic market data to aid market and strategic planning.

This report will help you to assess the impact of economic recession and recovery on foodservice market growth.

Reasons To Buy

Data sets are provided for the period 2006-2016, with actual data provided until 2011.

All initial market sizing and analysis is conducted in local currency in order to ensure local trends are reflected in the data before conversion into other currencies.

This report covers 11 foodservice channels, seven of profit and four of cost sector, further segmented into nearly 50 sub-channels.

Key Highlights

The consumer confidence index decreased to 84.6 in 2009, but has started to stabilize seeing levels of 89–90 in 2011. Additionally, the unemployment rate in France remained at 9–10%, however, this started to decline in 2010.

Higher immigration has led to people becoming more open to foreign food in addition to their normal eating habits and French cuisine. The growth in the younger generation and working population led to an increase in demand for fast-foods, whereas the baby boomers and elderly are more health conscious.

Further benefits are anticipated in the hospitality channel from the 2016 UEFA European Football Championship, which the country is hosting. Due to the large-scale renovation and new constructions for hosting the matches, the event is expected to support significant growth in the foodservice industry.

Due to the aging population and rising awareness about health, French consumers are increasingly adopting healthy eating habits. As a result, the French foodservice industry has recorded an increase in the sales of salads and vegetarian and vegan foods in restaurants.

French households place high emphasis on wholesome food and food quality. The French also have a preference for preparing elaborate traditional lunches, which has supported a large agricultural market supplying fresh, farmhouse food.