Foodservice Market in the United Kingdom (UK) to 2025 - Market Assessment, Channel Dynamics, Customer Segmentation and Key Players

“Foodservice Market in the United Kingdom (UK) to 2025” provides extensive insight and analysis of the Indian Foodservice market over the next five years (2020-2025) and acts as a vital point of reference for operators or suppliers.

The UK foodservice profit sector contracted by a CAGR of 13.1% from 2015-2020. The closure of restaurants, bars, cafés, and other outlets owing to the lockdown imposed in the country to prevent the spread of COVID-19 adversely impacted the growth of the channel in 2020. However, the foodservice industry is expected to stage a sharp rebound over the forecast period, supported by economic growth, the need for convenient channels, and digitization.

The report includes:

• Overview of the UK's macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on the UK's foodservice market including GDP per capita, consumer price index, population growth and annual household income distribution.
• Growth dynamics: In-depth data and forecasts of key channels (QSR, FSR, Coffee & Tea Shops, Pubs, Clubs and Bars) within UK's foodservice market, including the value of the market, number of transactions, number of outlets and average transaction price.
• Customer segmentation: identify the most important demographic groups, buying habits and motivations that drive out-of-home meal occasions among segments of the British population.
• Key players: Overview of market leaders within the four major channels including business descriptions and number of outlets.

Scope

• Pub, club & bar is the largest channel in the UK foodservice profit sector by revenue, representing 23.04% of total sector revenue in 2020. QSR and FSR are among other prominent channels, with market shares of 22.96% and 14.9%, respectively 2020.
• Pub, club & bar also led in terms of the number of outlets in 2020. Most of channels recorded declines in outlet numbers during the review period, except coffee & tea shop, and mobile operator channels, which registered growth. The closure of all economic activities and surge in virus spread in the UK compelled temporary closure of restaurant outlets, which hampered outlet growth during the review period.
• Delivery and takeaway transactions surged in 2020 owing to the restrictions on the operation of restaurants and cafes and the implementation of social distancing norms amid the pandemic.

Reasons to Buy

• Specific forecasts of the foodservice market over the next five years (2020-2025) will give readers the ability to make informed business decisions through identifying emerging/declining markets.
• Consumer segmentation detailing the desires of known consumers among all major foodservice channels (QSR, FSR, Coffee & Tea shops, Pubs, Clubs & Bars) will allow readers to understand the wants and needs of their target demographics.