Category: Food & Beverage
Food & Beverage market research reports by Euromonitor International
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Consumer Foodservice in the Philippines
In 2024, consumer foodservice in the Philippines showed resilience, driven by the country’s growing middle class and their increasing preference for dining out as the local economy strengthens. The category grew steadily, with local consumers continuing to prioritise experiences and convenience in t ... Read More
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Consumer Foodservice in Singapore
The goods and services tax (GST) rate in Singapore was raised from 8% to 9% from 1 January 2024, which led to an increase in the cost of dining out. It also led to an increase in the prices of essential goods and basic necessities which negatively impacted consumer purchasing power in 2024. As a res ... Read More
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Limited-Service Restaurants in the Philippines
In 2024, limited-service restaurants in the Philippines enjoyed robust growth, albeit at a rate slower than the previous year of review period. This was a result of the normalisation of behaviour in the aftermath of the pandemic and the impact of inflationary pressures on consumer choices. However, ... Read More
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Consumer Foodservice By Location in the Philippines
Consumer foodservice by location registered a strong performance in 2024, both in terms of current value growth and the number of transactions. Sales were boosted by an increase in travel and footfall in retail establishments as local consumers returned to pre-pandemic mobility patterns. With very f ... Read More
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Cafés/Bars in Finland
In 2024, cafés/bars in Finland witnessed declines in foodservice transactions, current value sales and outlet number. High inflation in 2022 and 2023 fell appreciably, but remained significant, in 2024, although prices of coffee (especially important in cafés/bars) and cocoa saw significant increase ... Read More
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Street Stalls/Kiosks in Finland
Street stalls/kiosks in Finland rebounded across metrics in 2024. Outside of limited-service restaurants, this more niche category (single-digit share of consumer foodservice value sales, outlets and transactions; by far the lowest in value terms) recorded the highest growth in foodservice current v ... Read More
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Full-Service Restaurants in the Philippines
Full-service restaurants sustained positive growth in current value and transaction terms in 2024, albeit at a slower rate than the previous year. This was partially due to the normalisation of consumer behaviour following the eat-in boom experienced in the aftermath of the pandemic. Inflationary pr ... Read More
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Consumer Foodservice in Greece
In 2024, consumer foodservice in Greece saw an increase in value sales, however, transactions and outlet openings declined. While tourism traditionally has a positive impact on foodservice revenue and transactions, its contribution fell below expectations in 2024. This decline was due to the underpe ... Read More
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Self-Service Cafeterias in the Netherlands
In 2024, self-service cafeterias registered healthy RSP value growth, as well as a robust increase in the number of transactions. Self-service cafeterias mainly cater to consumers who are looking for value-for-money meals while shopping, travelling, or otherwise on the go. These establishments have ... Read More
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Street Stalls/Kiosks in Greece
In 2024, foodservice value sales grow by 3% in street stalls/kiosks. In Greece, street stalls/kiosks has traditionally been dominated by vendors selling sesame bread rings, a popular snack in the country. Until recently, these street stalls were the primary establishment for this treat. However, tow ... Read More
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Full-Service Restaurants in Hungary
Full-service restaurants in Hungary experienced strong current value growth in 2024, driven by a revival in domestic and inbound tourism. As the country adjusts to post-pandemic conditions, government initiatives to enhance Hungary’s appeal as a travel destination have provided much-needed support f ... Read More
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Street Stalls/Kiosks in Hungary
Street stalls/kiosks remains one of the most vulnerable segments of the Hungarian consumer foodservice industry. Often operated by small businesses, these outlets face significant challenges due to fluctuating foot traffic, weather conditions, and seasonal demand. With local consumers grappling with ... Read More
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Cafés/Bars in Poland
Specialist coffee and tea shops remained the strongest performer within Poland’s cafés/bars industry in 2024, driven by the country’s strong coffee culture and growing demand for premium beverages. While the market is fragmented, major chains like McCafé, Costa Coffee, and Starbucks continue to domi ... Read More
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Self-Service Cafeterias in Romania
The performance of self-service cafeterias in 2024 was largely influenced by the return to office work and more active lifestyles post pandemic. Office employees were the main customers of self-service cafeterias, which offer cooked food as main meals. Cooked food has gained popularity due to its pe ... Read More
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Full-Service Restaurants in Romania
High inflation and rising prices of food and utility bills continued to put pressure on household budgets and impacted purchasing in 2024, resulting in a declining number of transactions and reduced value growth for full-service restaurants. However, sales were sustained in the year by professionals ... Read More
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Consumer Foodservice By Location in Romania
The clear domination of consumer foodservice through standalone in Romania is the result of the longstanding tradition of opening such outlets across the country. Due to the scarcity of large retailing malls, leisure areas and lodging buildings, standalone locations are the only available spaces for ... Read More
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Limited-Service Restaurants in Greece
In 2024, foodservice value sales for limited-service restaurants in Greece increased by 5%. Rising living costs significantly impacted spending within the consumer foodservice sector throughout 2024. Consumer purchasing power in Greece was severely strained, affecting both the domestic population an ... Read More
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Small Local Grocers in Hong Kong, China
Small local grocers in Hong Kong struggled in 2024 with declining value sales. An increase in rent in the city, combined with lower footfall, resulted in a 2% value sales decline during the year, with the number of outlets in the channel also falling. Northbound, cross-border shopping is a challenge ... Read More
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Consumer Foodservice By Location in Egypt
In 2024, consumer foodservice through leisure emerged as the best-performing category, while standalone restaurants also saw positive results. The majority of restaurants in the market remain standalone establishments, reflecting the cultural tradition of dining out as a social experience. This tren ... Read More
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Consumer Foodservice in Denmark
In 2024, consumer confidence in Denmark remained low despite the country enjoying a relatively healthy economy. Denmark's GDP continued to show positive growth throughout the year, and consumer foodservice experienced value growth, albeit at a slower rate. The pent-up demand for dining out that emer ... Read More
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Street Stalls/Kiosks in Denmark
In 2024, street stalls and kiosks in Denmark saw a decline in foodservice value sales, alongside a decrease in the number of outlets. The sector faced significant competition from limited-service restaurants and other foodservice categories, which contributed to the reduced performance in this marke ... Read More
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Cafés/Bars in Egypt
In 2024, foodservice value sales saw significant growth, while outlet numbers continued to grow. However, the market dynamics for specialist coffee and tea shops in Egypt shifted significantly. In the past, Starbucks would have long queues in the morning, but in 2024, this was no longer the case. Wi ... Read More
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Vending in Hong Kong, China
Value sales of vending in Hong Kong experienced modest 3% growth, continuing a positive trend from the previous two years due to the convenience of purchasing goods from vending machines in high footfall areas. After sales were negatively affected by the lack of mobility during the pandemic, they fu ... Read More
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Self-Service Cafeterias in Denmark
In 2024, self-service cafeterias saw an increase in foodservice value sales, although the number of outlets experienced a slight decline. Self-service cafeterias have long been recognised for offering a strong value-for-money proposition, with many establishments providing a diverse range of dishes ... Read More
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Limited-Service Restaurants in Denmark
In 2024, limited-service restaurants in Denmark experienced low level foodservice value growth, at a considerably slower pace than in 2023 and 2022. The category remained largely dominated by chained operators, who accounted for over 67% of the total value. Many players in limited-service restaurant ... Read More
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