During the forecast period, the spectre of skyrocketing energy costs is set to continue directly and indirectly impacting the ability of the operators of Hungary’s street stalls/kiosks to generate profits and remain competitive. This already unfavourable scenario is set to be exacerbated by the anticipated cancellation of numerous public events which would ordinarily present opportunities for the operators of street stalls/kiosks to increase their sales.
One of the key trends in Hungary’s consumer foodservice industry during the forecast period is expected to be the shift towards home delivery, which presents strong opportunities for key players across industry to take advantage of the increasing preference for local people to reduce the cost of consumer foodservice by dining at home, rather than in a restaurant. However, street stalls/kiosks is one consumer foodservice channel that is unlikely to benefit from this situation as it is very uncommon for players in this channel to be listed on the apps of the leading third party delivery players that are set to be the key players in the spread of home delivery across consumer foodservice during the forecast period.
The challenging situation that all players in street stalls/kiosks are likely to face during the forecast period makes it very unlikely that any new chained players will enter the channel during the forecast period. The high overheads that have emerged from the ongoing energy crisis have made street stalls/kiosks a decidedly unattractive area of consumer foodservice to enter, even for major chained players with strong financial resources and solid supply infrastructure.
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Street Stalls/Kiosks
Small, sometimes mobile, foodservice providers characterised by a limited product offering and by low prices. Includes street stalls, street hawkers and foodservice kiosks where food is prepared in some way and served through a hatch or over a display counter to take away. Also includes kiosks and carts located externally or internally eg in shopping malls etc. As a rule, street stalls/kiosks outlets tend to be smaller than 100% home delivery/takeaway outlets, while menus are more limited, often (though certainly not always) with a greater emphasis on snack items, rather than full meals.
See All of Our DefinitionsThis report originates from Passport, our Street Stalls/Kiosks research and analysis database.
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