Restaurants, Bars & Food Services
Description
Brief Excerpt from Industry Overview Chapter:
Companies in this industry provide meals, snacks, and beverages to customers for on-site or off-site consumption. Major companies include restaurant operators such as Darden Restaurants, McDonald's, Starbucks, and Yum! Brands (all based in the US), as well as Greggs (UK), Restaurant Brands International (Canada), and Skylark Group (Japan). Major food service contractors include US-based ARAMARK and Delaware North, as well as Autogrill (Italy), Compass Group and SSP Group (both based in the UK), and Sodexo (France).
COMPETITIVE LANDSCAPE
Restaurants and bars are benefiting from rising consumer interest in gourmet foods, craft beers, and premium spirits, which can be sold at higher margins than traditional fare. Many establishments have expanded their food and beverage selections to compete for patrons who are willing to pay more to try something new and unique. Some operators work closely with local farms, breweries, and distilleries to keep up with the latest trends. Dining and bar culture varies considerably from region to region, making it difficult for all but the largest companies to operate internationally.
PRODUCTS, OPERATIONS & TECHNOLOGY
Companies in this industry get their revenue from selling meals, snacks and other food items, which account for about 80% of the industry revenue. This is followed by alcoholic beverages, which account for about 10%. Limited service establishments include fast-food restaurants as well as fast-casual restaurants that offer higher quality, more expensive food without table service. Special food services include food service contractors, caterers, and mobile...
Companies in this industry provide meals, snacks, and beverages to customers for on-site or off-site consumption. Major companies include restaurant operators such as Darden Restaurants, McDonald's, Starbucks, and Yum! Brands (all based in the US), as well as Greggs (UK), Restaurant Brands International (Canada), and Skylark Group (Japan). Major food service contractors include US-based ARAMARK and Delaware North, as well as Autogrill (Italy), Compass Group and SSP Group (both based in the UK), and Sodexo (France).
COMPETITIVE LANDSCAPE
Restaurants and bars are benefiting from rising consumer interest in gourmet foods, craft beers, and premium spirits, which can be sold at higher margins than traditional fare. Many establishments have expanded their food and beverage selections to compete for patrons who are willing to pay more to try something new and unique. Some operators work closely with local farms, breweries, and distilleries to keep up with the latest trends. Dining and bar culture varies considerably from region to region, making it difficult for all but the largest companies to operate internationally.
PRODUCTS, OPERATIONS & TECHNOLOGY
Companies in this industry get their revenue from selling meals, snacks and other food items, which account for about 80% of the industry revenue. This is followed by alcoholic beverages, which account for about 10%. Limited service establishments include fast-food restaurants as well as fast-casual restaurants that offer higher quality, more expensive food without table service. Special food services include food service contractors, caterers, and mobile...
Table of Contents
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Business Trends
- Industry Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Web Links and Acronyms
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