Consumer Foodservice

The popularity of street stalls/kiosks has emerged from a shift in consumer preferences towards variety, innovation, authenticity, and casual dining. Overall, 2023 was a positive year for street stalls/kiosks with double- digit current value growth.…

Self-service cafeterias continued to record a positive performance in terms of value sales and transactions in 2023, despite the closure of some chained outlets, such as House of Fraser and Asda. Self-service cafeterias continued to experience a…

Limited-service restaurants continued to record substantial current value growth in 2023, although the number of transactions and outlets remained stagnant. This was due to multiple factors as the economic environment in the UK continued to struggle,…

In 2023, full-service restaurants were able to open without any related pandemic restrictions, with COVID-19 no longer a major concern for local consumers. However, extremely high operating costs amid the cost-of-living crisis meant that any ongoing…

With the impact of the pandemic waning in the UK, it was hoped that 2023 would be a year where the consumer foodservice industry made significant steps to recover to pre-pandemic levels. However, in terms of transactions and outlet numbers, this did…

The waning impact of the pandemic and greater mobility outside of the home have positively impacted consumer spending in travel and leisure locations. According to Euromonitor International, inbound arrivals in the UK rose by 20% in 2023 to 37…

2023 proved to be another challenging year for cafés/bars in the UK. While overall value growth was evident, this was predominantly due to consumers paying higher prices rather than due to a sizeable number of outlets opening or a significant…

This report examines inflation levels and drivers globally and in key countries in Q4 2023 and 2024. Global inflation is moderating, although divergence remains among the key economies. Higher volatility in the energy markets and disruption of…

In the upcoming years, consumers and businesses face an array of challenges, with rising income inequality being among the key ones. Nevertheless, addressing the income inequality through catering to the Bottom of the Pyramid and the Middle Class…

In the upcoming years, consumers and businesses face an array of challenges, with income inequality, mass migration and rising uncertainty about another crisis being among the major ones. Nevertheless, within this lie untapped opportunities. This…