Consumer foodservice continued to perform well in Turkey in 2018, thanks to the increasing consumer preference for dining out, especially in large urban centres with an increasing number of households with two incomes. In 2018, the performance of consumer foodservice was also boosted by the ongoing increase in the number of incoming tourists.
In 2018, the Turkish economy registered the lowest real GDP growth over the course of review period. Meanwhile, the annual inflation rate was double-digit, which signifies a stagflationary trend in the Turkish economy.
Although consumer foodservice remained highly fragmented in 2018, TAB Gida San ve Tic continued to lead in terms of number of outlets, number of transactions and value sales. The company has an extensive product portfolio and is highly dynamic in limited-service restaurants with well-known brands such as Burger King, Popeyes, Arby’s and Sbarro.
In 2018, consumer foodservice continued to be dominated by independent outlets. In all channels, independent outlets continued to dominate.
Over the forecast period, consumer foodservice is set to record a dynamic performance due to the expected consumer preference for dining out as a result of the increasing young employed population and the rising number of dual-income households, which have less and less time to prepare food at home. A dynamic performance is also expected due to continued company investment in outlet expansion, new product developments and innovative new service improvements.
You have no recently viewed reports.
Why not browse through our Featured or Trending Reports to see what we have to offer?
Delivery: Files are delivered directly into your account within a few minutes of purchase.
Discover the latest market trends and uncover sources of future market growth for the Consumer Foodservice by Location industry in Turkey with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Consumer Foodservice by Location industry in Turkey, our research will save you time and money while empowering you to make informed, profitable decisions.
The Consumer Foodservice by Location in Turkey market research report includes:
Our market research reports answer questions such as:
Why buy this report?
This industry report originates from Passport, our Consumer Foodservice market research database.