Category: Food & Beverage
Food & Beverage market research reports by Euromonitor International
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Competitor Strategies in Health and Wellness
Product sales with health & wellness claims have seen a slow down in sales after a surge over 2020-2022. Heightened demand for healthier choices has subsided, however, more stable growth is expected in the forecast period. While cost-of-living crisis has consumers rethinking their shopping habits an ... Read More
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Consumer Foodservice in New Zealand
Consumer foodservice in New Zealand witnessed marginal transaction growth in 2024 denoting a slight recovery on the previous year. Inflation continued to ease helping to lift consumer confidence, although many consumers still felt the pressure from several years of higher living costs. The recovery ... Read More
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Limited-Service Restaurants in China
Chained limited-service restaurants in China saw a rising number of outlets in 2024, with more than 13,000 additional outlets, which was a solid percentage increase over the previous year, exceeding the topline channel growth. Pizza limited-service restaurants saw a dynamic increase, thanks to playe ... Read More
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Street Stalls/Kiosks in China
Street stalls/kiosks maintained low growth in outlet numbers, along with slow current value growth in China in 2024. However, despite seeing the highest value growth, the number of chained street stalls/kiosks declined in 2024, primarily due to the intense competition in the channel. Many players de ... Read More
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Cafés/Bars in China
Cafés/bars maintained current value growth and outlet growth in China in 2024, although this was due mainly to the strong performance of specialist coffee and tea shops, with some other channels not faring so well. For instance, cafés witnessed another year of decline in terms of current value sales ... Read More
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Full-Service Restaurants in China
Full-service restaurants maintained slow and steady growth in outlet numbers, and solid current value growth in China in 2024. In particular, all-you-can-eat hot pot has gained popularity, with many hot pot restaurants switching to all-you-can-eat from à la carte to increase customer flow and minimi ... Read More
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Consumer Foodservice By Location in New Zealand
In 2024, the New Zealand consumer foodservice industry witnessed a continued recovery, with travel-related locations maintaining growth due to steady flows of international and domestic travellers. Transactions through travel outlets were underpinned by heightened consumer activity at airports, trai ... Read More
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Cafés/Bars in New Zealand
New Zealand's cafés and bars posted modest growth in transactions over 2024 but grappled with persistent challenges from rising operational costs. Inflation, higher food prices, and a weakened New Zealand dollar drove up the cost of key imports, such as coffee, while lingering impacts from 2023's ex ... Read More
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Limited-Service Restaurants in New Zealand
The year 2024 was another challenging year for consumers in terms of living costs, putting the brakes on purchasing power. Consumers were still not able to spend as freely as they wanted to on things like takeaway food and eating out, hindering the performance of limited-service restaurants. The hig ... Read More
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Full-Service Restaurants in the United Arab Emirates
The surge in experience tourism across the Middle East and Africa is reshaping full-service restaurants in the United Arab Emirates, as travellers seek immersive, culturally enriching, and adventurous activities beyond traditional sightseeing and shopping. Rather than simply visiting landmarks, tour ... Read More
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Cafés/Bars in the United Arab Emirates
Cafés/bars in the United Arab Emirates continued to experience steady growth in 2024 as consumers increasingly prioritised socialisation and out-of-home experiences. With the return to pre-pandemic normalcy and the country’s vibrant dining culture, cafés and bars have become essential social hubs wh ... Read More
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Small Local Grocers in Slovakia
In 2024, small local grocers in Slovakia experienced a decline in retail value sales, largely due to strong competition from larger, modern retail chains. These bigger players continued to drive aggressive price competition and heavily promoted their offers through smartphone apps, social media, and ... Read More
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Supermarkets in South Korea
Supermarkets in South Korea saw a current value decline in 2024, despite a slight rise in the number of outlets. However, this was mainly due to declines for smaller supermarkets, as all the leading supermarkets maintained value growth in 2024. Amidst a prolonged economic downturn, South Korean cons ... Read More
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Self-Service Cafeterias in the United Arab Emirates
The small consumer foodservice channel of self-service cafeterias in the United Arab Emirates continued to grow in 2024, driven by the expansion of major brands such as Ikea Restaurant (locally operated by Al Futtaim Group), with the retailer opening a new store in Al Dalma Mall. This expansion high ... Read More
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Supermarkets in Slovakia
Supermarkets in Slovakia performed well in 2024, achieving 4% growth in retail value. While inflation slowed significantly, the growth in value sales was still largely driven by rising retail prices. With strong price sensitivity remaining in Slovak households, price discounts and promotions were in ... Read More
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Supermarkets in Japan
In 2024, supermarkets in Japan continued to see an increase in current value sales, following a similar positive trend in 2023. As hypermarkets declined, supermarkets, which primarily offer essential food items, experienced a strong performance. The rise in value sales can be attributed to an increa ... Read More
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Consumer Foodservice in the United Arab Emirates
In 2024, consumer foodservice in the United Arab Emirates was shaped by a combination of economic resilience, evolving consumer preferences, and rapid digital transformation. The industry has continued to expand, bolstered by the local market’s status as a global tourism and business hub. The rise o ... Read More
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Limited-Service Restaurants in the United Arab Emirates
The value sales, outlet numbers, and number of transactions for limited-service restaurants in the United Arab Emirates continued to experience steady growth in 2024, driven by several key factors. One of the primary contributors to this expansion was the ongoing increase in the number of outlets ac ... Read More
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Street Stalls/Kiosks in the United Arab Emirates
The expanding landscape of outdoor events and pop-up markets has significantly contributed to the rising popularity of street stalls/kiosks in the United Arab Emirates. These temporary yet vibrant platforms have become key attractions for culinary exploration and social interaction, fuelling a growi ... Read More
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Consumer Foodservice By Location in the United Arab Emirates
Consumer foodservice through travel and retail in the United Arab Emirates continued to grow in 2024. The local market’s position as a global travel hub continued to positively impact the growth of consumer foodservice. With millions of international visitors each year, the demand for diverse and hi ... Read More
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Small Local Grocers in South Korea
Small local grocers in South Korea continued to experience declines in both current value sales and outlet numbers in 2024, as shifting consumer habits have been reshaping the retail landscape. Small local grocers are struggling to retain customers, as modern shoppers prioritise speed, convenience, ... Read More
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Vending in South Korea
After seeing strong increases since 2021, vending continued to experience current value growth in South Korea in 2024, although at a slower rate, driven by the increasing popularity of activities outside the home. As people spend more time outside, demand for convenient, on-the-go purchasing solutio ... Read More
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Vending in Slovakia
In 2024, vending in Slovakia recorded retail value sales growth of 18%. It was a challenging year for the sector due to cautious consumer spending behaviour. Despite this, factors such as increased consumer mobility, tourism, strong employment figures and rising retail prices had a positive impact o ... Read More
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Small Local Grocers in Japan
In 2024, small local grocers in Japan faced notable declines in value sales, number of outlets, and sales area. These downturns occurred against a backdrop of rising prices for most products due to inflation. The decrease in value sales for small local grocers can largely be attributed to a reductio ... Read More
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Vending in Japan
According to Euromonitor’s Economies data, Japan experienced a notably calm growth rate of annual inflation over the past three decades, until the start of the war in Ukraine in 2022. From 1992 to 2021, only three years saw inflation rates exceed 1%, positive or negative – during the global financia ... Read More
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