Category: Food & Beverage
Food & Beverage market research reports by Euromonitor International
-
Full-Service Restaurants in South Africa
High interest rates and inflationary pressures for most of 2024 impacted many consumers’ disposable incomes. As a result, operators of full-service restaurants in South Africa were forced to focus on offering value to customers. Establishments achieved this through promotional activity, such as “two ... Read More
-
Consumer Foodservice By Location in South Africa
International arrivals data from Statistics South Africa confirmed that the country’s tourism sector continued to grow in 2024, with total arrivals reaching 8.92 million, marking an impressive 5.1% increase compared to 2023. Africa continues to drive the majority of arrivals, contributing 76% of all ... Read More
-
Cafés/Bars in Mexico
In 2024, there was a significant deterioration of public security in Mexico, with violence and criminal activity raising above that observed in previous years. This can be explained by the presence of organised crime across the country, and by the recent territory disputes between drug cartels. Ther ... Read More
-
Full-Service Restaurants in Mexico
Starting 1 January 2025, the minimum salary in Mexico will increase by 12% compared with the previous year. This policy continues the trend set by the past administration to consistently increase the minimum wage to achieve higher purchasing power per household. Over the last administration the mini ... Read More
-
Limited-Service Restaurants in Brazil
In 2024, limited-service restaurants in Brazil demonstrated resilience, seeing growth in transaction, value sales, and outlet numbers, driven by consumers seeking convenience, speed, quality, and competitive prices. Nevertheless, 2024 continued to be a challenging year for restaurant operators, espe ... Read More
-
Cafés/Bars in Brazil
In 2024, cafés/bars in Brazil maintained current value and transaction growth, but still faced significant challenges. The price of coffee increased by 33%, according to accumulated data for 2024 (November) released by the Broad National Consumer Price Index published by the Brazilian Institute of G ... Read More
-
Full-Service Restaurants in Brazil
Brazil’s macroeconomic situation in 2024 reflected a complex landscape, with moderate growth and inflationary challenges. The inflation rate closed the year above the ceiling target expected by the Central Bank of Brazil (BCB) of 3%. On the other hand, the unemployment rate, which reached its lowest ... Read More
-
Consumer Foodservice By Location in Mexico
Standalone continues to be the most relevant location for the consumer foodservice industry in Mexico, maintaining its lead in terms of value sales, outlet numbers, and transaction volumes in 2024. This dominance is driven by Mexico’s diverse market and ongoing urban development, which make standalo ... Read More
-
Consumer Foodservice in Brazil
Consumer foodservice in Brazil saw a slowing of growth in terms of current value sales and transaction volumes in 2024, along with a decline in outlet numbers. This year continued to be challenging for operators in Brazil, especially for smaller and independent players, mostly family-owned businesse ... Read More
-
Limited-Service Restaurants in South Africa
Limited-service restaurants in South Africa continued to achieve growth in 2024, despite a number of negative factors. Due to inflationary pressures experienced throughout the previous year and leading into the first half of 2024, local consumers’ disposable incomes, and more importantly their discr ... Read More
-
Limited-Service Restaurants in Mexico
In 2024, there was a noticeable increase in out-of-home activities, as Mexicans continued to return to their pre-pandemic activities, and many companies decided employees should return to the office part-time or full-time. This increased the flow of people in office areas and shopping centres, which ... Read More
-
Street Stalls/Kiosks in Mexico
The previous administration in Mexico had a policy of consistently increasing the minimum wage to ensure higher purchasing power per household. Over the last administration the minimum salary increased between 15% and 22% every year, increasing by over 100% in real terms over the course of the six y ... Read More
-
Consumer Foodservice in Mexico
In 2024, consumer foodservice in Mexico observed a positive performance, with growth in sales in current value terms, transaction volumes, and outlet numbers. Both national and international brands of chained players were highly active in expanding their outlet numbers and investing in renewing thei ... Read More
-
Fine Wines/Champagne and Spirits in Germany
Despite demand remaining above pre-pandemic levels in 2024, retail volume and value sales of fine wines/ champagne and spirits in Germany recorded low growth during the year, as economic pressures started to influence the shopping habits of consumers, even those in higher-income segments. While fine ... Read More
-
Barilla Holdings SpA in Staple Foods (World)
This report examines how Barilla Holdings SpA, the global leader in the pasta market, has navigated the challenges from inflationary pressures and intensifying price-driven competition. It highlights Barilla's strategic expansion into the baked goods market and reflects on the company’s commitment t ... Read More
-
Staple Foods in Asia Pacific
Retail sales of staple foods continued to see healthy growth in both volume and real value terms in Asia Pacific in 2024, driven by dynamic performances in the Indonesian and Indian markets. Rice and noodles remain important staples in many countries in the region, with healthier varieties of these ... Read More
-
Self-Service Cafeterias in China
Self-service cafeterias saw slight growth in outlet numbers in China in 2024, with a stronger increase in current value terms. Mr Rice continued to lead self-service cafeterias in 2024, accounting for approaching half of value sales. Apart from Mr Rice and Ikea Restaurant, all other brands are regio ... Read More
-
Small Local Grocers in the Czech Republic
Small local grocers in the Czech Republic registered slight decreases in retail current value sales and outlets in 2024. Amid fluctuating performances during the review period, retail current value sales and outlet numbers of small local grocers were below the 2019 pre-COVID-19 level in 2024. These ... Read More
-
Self-Service Cafeterias in New Zealand
Although self-service cafeterias witnessed a slight recovery in value sales over 2024, this is a small category with limited growth potential in New Zealand. With many competing channels within the consumer foodservice industry, like limited or full-service restaurants, consumer preferences lie beyo ... Read More
-
Vending in the Czech Republic
The performance of vending in the Czech Republic fluctuated during the review period. In terms of retail current value sales, the category made a recovery from the COVID-19-induced slump in 2020. Despite a dip in 2024, retail current value sales remained higher at the end of the review period, compa ... Read More
-
Consumer Foodservice in China
Consumer foodservice in China saw solid current value growth in 2024, although the momentum was weaker than seen the previous year, as growth in the industry tempered after post-pandemic recovery. Consumer trading-down presented the biggest challenge to players, with the majority of foodservice prov ... Read More
-
Consumer Foodservice By Location in China
Consumer foodservice through standalone remains dominant in China, accounting for 72% of overall value sales and 80% of overall outlets in 2024. Other than independent providers, chained players are also tapping into standalone locations. For example, full-service operators such as Hai Di Lao Hot Po ... Read More
-
Supermarkets in the Czech Republic
Within grocery retailers, supermarkets in the Czech Republic recorded the fastest growth in retail current value sales in 2024. This performance was supported by the slowly increasing purchasing power of Czech consumers, following two years of strong inflation and the high cost-of-living. With a muc ... Read More
-
Street Stalls/Kiosks in New Zealand
There has been an influx of food carts and stalls in New Zealand, taking influence from global food trends and viral social media trends. Consumers are responding well to these fresh new formats offering new tastes and the chance to experiment with new foods. Viral food trends generate excitement am ... Read More
-
Full-Service Restaurants in New Zealand
Inflationary pressures have made operating within New Zealand’s hospitality industry very challenging with the price of food fluctuating and some restaurants struggling to do business. With many staple ingredients like dairy, meat and eggs experiencing high rates of inflation, food preparation costs ... Read More