Food courts within department stores are somewhat distinct from traditional self-service cafeterias. Within the large hall areas inside department stores, food courts select restaurants that are well-known in Korea to attract consumers.
During the forecast period, a new Ikea Restaurant is expected to open. During the review period, Ikea Korea saw a decrease in its total revenue.
In 2023, self-service cafeterias is expected to see even more dynamic current value growth than was seen in 2022, due to the significant increase expected in the number of outlets. Although a new Ikea Restaurant outlet is expected to open in chained self-service cafeterias in 2023, this will bring the number to only five.
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Understand the latest market trends and future growth opportunities for the Self-Service Cafeterias industry in South Korea with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Self-service cafeterias are outlets where there is no (or limited) service content. Rather than table service, there are food-serving counters/stalls where customers take the food they require as they walk along, placing it on a tray. In addition, there are often stations where customers order food and wait while it is prepared, particularly for items such as hamburgers or tacos which must be served hot and can be prepared quickly. For some food and drink items, customers collect an empty container, pay at the check-out, and fill the container after check-out. Free second servings are often allowed under this system. For legal purposes (and the consumption patterns of customers), this system is rarely or never used for alcoholic beverages. Self-service cafeterias do not have a cover charge, customers are either charged a flat rate for admission (as in a buffet) or pay at the check-out for each item. Some cafeterias also charge by weight. Self-service cafeterias resemble contract catering self-service cafeterias such as canteens, dining halls and cafeterias located within institutions such as a large office building, school and universities. However, fully captive contract self-service cafeterias are excluded from consumer foodservice. Unlike fast food, self-service cafeterias feature a menu comprising full, regular meals, often with a large choice of first course, main course and desserts. As cafeterias can effectively serve large number of customers with comparatively few employees, they are often found within larger complexes, for example, department stores, shopping malls, travel foodservice (motorways stations, railway stations, airports). Self-service cafeteria examples include: Ciao (Autogrill), Flunch (Agapes Restauration SA), IKEA (Inter Ikea Systems BV)See All of Our Definitions
This report originates from Passport, our Self-Service Cafeterias research and analysis database.
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