Rising costs, including increasing energy, food and labour costs, are set to drive up prices across the consumer foodservice industry during the early years of the forecast period. While this will have an effect on all consumer foodservice channels, it is likely to have a particularly major impact on full-service restaurants outlets, which tend to already charge higher prices than rival formats.
As Israeli consumers’ habits have changed considerably over the last few years, full-service restaurant operators will need to remain attuned to evolving trends and preferences in order to stay relevant, and will invest in new concepts to attract customers and ensure loyalty. For example, chained player BBB is investing in introducing limited-service restaurants in high-traffic areas, offering small menus and rapid service, under the name By the Way.
Towards the end of the review period burger chains Agadir and BBB opened up virtual branches in the metaverse. Agadir’s new branch operates on the Voxels platform, and allows users to order home deliveries as well as to tour the branch and join a reward club.
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FSR (full-service restaurants) encompasses all sit-down establishments where the focus is on food rather than on drink. FSR is characterized by table service and a relatively higher quality of food compared to quick-service units. Menus offer multiple selections and may include breakfast, lunch and dinner. Preparation of food products is often complex and involves multiple steps. NOTE: restaurants types catalogued in this segment refer to table-service only (outlets with a proper “full table service:” wait staff attending customers and taking orders at the tables). Outlets with “limited table service” are excluded from FSR. For example: outlets where customers order their food at the counter are excluded (even though the waiter will then bring the food at the table).See All of Our Definitions
This report originates from Passport, our Full-Service Restaurants research and analysis database.
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