Outlet numbers, transactions and value sales figures (at constant 2022 prices) are not expected to fully recover to pre-pandemic levels by the end of the forecast period. Whilst it is anticipated that chained restaurants will perform better than independents, the situation will remain difficult for both.
The focus on healthy products is expected to remain at the forefront of many consumers’ minds over the forecast period, and this is a consideration which is even more relevant for younger generations. Mediterranean-style and meat-free options are also expected to remain popular in the coming years, as they are both perceived as aligning well with health and wellness trends.
A major theme of the forecast period is uncertainty, particularly over the length of the current economic crisis and how long prices will remain high. A period of recession is expected for the UK, which will impact price-led consumers and the number of eating out occasions.
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Full-Service Restaurants
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 DefinitionsThis report originates from Passport, our Full-Service Restaurants research and analysis database.
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