Foodservice Market in Czech Republic to 2025 - Market Assessment, Channel Dynamics, Customer Segmentation and Key Players

“Foodservice Market in Czech Republic to 2025” published by the publisher provides extensive insight and analysis of the Czech Republic Foodservice market over the next five years (2020-2025) and acts as a vital point of reference for operators or suppliers.

The Czech Republic foodservice profit sector contracted by a CAGR of 7.5% during 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. As only take-aways and delivery services were allowed during most of 2020, operators shifted towards ordering foodservice through online platforms amid the pandemic. As a result, the foodservice industry is anticipated to rebound over the forecast period.

The report includes - - Overview of the Czech Republic’s macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on the Czech Republic’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 Shop, and Pub, Club & Bar) within Czech Republic’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 Czech Republic population.
• Key players: Overview of market leaders within the four major channels including business descriptions and number of outlets.

Scope

• FSR is the largest channel in the Czech Republic foodservice profit sector by revenue, representing 37.3% of total sector revenue in 2020. The Pub, Club & Bar is the second most prominent channel, with a market share of 21.5%. FSR’s large market share can be attributed to its unique ambience for special occasions and preference for more traditional foodservice channels.
• The FSR channel led in terms of number of outlets in the country, however recorded a decline of 1.3% during 2015-2020, primarily due to COVID-19 created crisis. Furthermore, the total number of outlets in the QSR and pub, club & bar channel dropped at a CAGR of 1.2% and 1.7% during this period.
• Delivery and take-away transactions surged in 2020 owing to restrictions on operations of restaurants and cafés amid the COVID-19 outbreak. As a result, the QSR channel accounted for the highest proportion of take-away transactions.

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 shop, and Pub, Club & Bar) will allow readers understand the wants and needs of their target demographics.