Street stalls/kiosks recorded notable value sales declines in 2020, due to lower footfall in city centres and in train and bus stations due to fewer people travelling to work and a significant decline in tourists. Furthermore, open air events and local markets where food trucks often sell their products were reduced in scope or cancelled completely, removing a significant proportion of consumer trade.
In an extremely fragmented landscape, dominated by individual entrepreneurs, the adaptation to pandemic-related constraints was difficult due to a significant reduction of consumers in previously busy streets and the cancellation of events and popular festivals. Only a low number of players developed home delivery services during this period, despite share and impressive growth for the latter in 2020 and 2021.
Street stalls/kiosks is a highly fragmented channel, dominated by small independent operators falling under “others”. Minit Bohemia sro is one of few branded players present and maintained its lead in 2021 with its namesake Minit brand.
Street stalls/kiosks is expected to rebound quickly when all restrictions are lifted in the Czech Republic. Consumers are looking forward to visiting events, concerts, and festivals more frequently where food trucks are very popular.
Mobility and sustainability are trends anticipated to continue to gain steam over the coming years with demand for innovative street food options set to rapidly grow. Street stalls/kiosks as a business model will gain greater relevance with the development of smart cities, while the likelihood of an increasing number of events and shows, including corporate events, will also fuel demand for the channel and help to reduce seasonality.
Greater investment in innovation is expected over the forecast period. Modern food trucks and kiosks are expected to start partnering with third party delivery providers such as Bold Food and Wolt to diversify their sources of income through home delivery and protect themselves from potential future downturns of a similar nature.
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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 Definitions
This report originates from Passport, our Street Stalls/Kiosks research and analysis database.
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