United Kingdom Food Service Market Trends, Share, Revenue, Competition and Future Outlook
United Kingdom Food Service Market Growth, Size, Trends Analysis- By Type, By Service Type, By Restaurant Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Oct-2024 | Report ID: FOOD24114 | Pages: 1 - 103 | Formats*: |
| Category : Food & Beverages | |||
United Kingdom Food Service Market Introduction and Overview
According to SPER Market Research, the United Kingdom Food Service Market is estimated to reach USD 172.9 billion by 2033 with a CAGR 6.48%.
The report includes an in-depth analysis of the United Kingdom Food Service Market, including market size and trends, product mix, distribution channels, and supplier analysis.The preparation, serving, and presentation of food and drinks to patrons are all included in the food service sector. It encompasses a broad spectrum of businesses, including institutional settings like hospitals and schools, fast food restaurants, fine dining restaurants, and cafes. The food service industry supports local communities and creates jobs, making it an essential part of the economy. It encompasses a number of areas, including inventory control, food safety, menu planning, and customer service.
- August 2023: In anticipation of maintaining its growing momentum, coffee shop chain Starbucks announced intentions to invest USD 32.78 million in the establishment of 100 new locations around the United Kingdom in 2023.
- December 2022: To expand access to quick and convenient shopping in communities across the country, Co-op teamed up with Just Eat to begin an on-demand internet delivery service. Through the partnership, customers may use the Just Eat app and website to order Co-op products for quick delivery in less than 30 minutes.
Market Opportunities and Challenges
Opportunities: The increasing demand for wholesome and well-balanced meal options as a result of people's increased health consciousness is providing a favorable market outlook. To meet the needs of health-conscious consumers, food service businesses are using creative solutions. Additionally, eateries and foodservice businesses are providing menu items that accommodate different dietary requirements of people, including low-calorie, vegetarian, and gluten-free options, which is bolstering the market's expansion.Organic, plant-based, and low-calorie meals are becoming more and more popular in the foodservice industry as consumers look for healthier options. The sector is being shaped by the increased focus on sustainable practices, such as minimizing food waste, utilizing eco-friendly packaging, and procuring locally.
Challenges: The food service business is seeing an increase in online meal ordering, which is now used by the majority of customer groups. However, a few drawbacks to buying food online prevent consumers from using it. There are some disadvantages to food delivery in addition to its many advantages. For instance, the quality of the food that is delivered frequently falls short of that of the food that is served at a restaurant. Long-distance transportation may cause food to lose important vitamins.
Market Competitive Landscape
The top five businesses in the UK foodservice market hold 2.51% of the market, which is fragmented. Greggs PLC, , Nando's Group Holdings Limited, PizzaExpress (Restaurants) Limited, McDonald's Corporation and The Restaurant Group PLC are the leading companies in this market
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By Service Type, By Restaurant Type |
| Regions covered | Eastern Region, Western Region, Northern Region, Southern Region |
| Companies Covered | Admiral Taverns Ltd., Co-operative Group Limited, Costa Coffee, Doctor's Associates, Inc., Domino's Pizza Group PLC, Greggs PLC, Marston's PLC, McDonald's Corporation, Mitchells & Butlers PLC, Nando's Group Holdings Limited, Pizza Hut (U.K.) Limited, PizzaExpress (Restaurants) Limited, Starbucks Corporation, Stonegate Group, Tesco PLC, Others. |
COVID-19 Impact on United Kingdom Food Service Market
The food service industry in the UK was severely impacted by the COVID-19 epidemic, which resulted in numerous closures, decreased capacity, and a change in customer behavior. Many cafes, pubs, and restaurants were compelled to switch to delivery and takeout services or temporarily close as a result of lockdowns. Revenue significantly decreased as a result, and some businesses had to close their doors forever. In order to improve client safety, numerous businesses adopted contactless payment methods and online purchasing, which further pushed the adoption of technology throughout the crisis. Furthermore, shifting consumer tastes surfaced, with an emphasis on sanitation and health and a rise in desire for home dining options.
Key Target Audience
- Millennials and Gen Z Consumers
- Health-Conscious Diners
- Busy Professionals
- Families with Children
- Food Enthusiasts and Gourmets
- Event Planners and Corporate Clients
- Tourists and Travelers
- Students
Our in-depth analysis of the United Kingdom Food Service Market includes the following segments:
| By Type: | |
| By Restaurant Type: | |
| By Service Type: |
Insights about Restaurant Types:
In 2023, the segment of full-service restaurants generated 48.98% of global sales. Full-service eateries usually provide a large selection of food to suit a range of palates and dietary requirements. Families and business professionals alike are drawn to this diversity. With regard to décor, table service, and customer interaction, these establishments prioritize offering a whole dining experience. Their emphasis on experience makes them a popular option for social events, business meetings, and special occasions.
Key Topics Covered in the Report
- United Kingdom Food Service Market Size (FY’2024-FY’2033)
- Overview of United Kingdom Food Service Market
- Segmentation of United Kingdom Food Service Market By Type (Full Service Restaurants, Quick Service Restaurants, Institutes, Others)
- Segmentation of United Kingdom Food Service Market By Restaurant Type (Chained, Independent)
- Segmentation of United Kingdom Food Service Market By Service Type (Dine-In, Takeaway, Delivery)
- Expansion Analysis of United Kingdom Food Service Market
- Problems and Obstacles in United Kingdom Food Service Market
- Competitive Landscape in the United Kingdom Food Service Market
- Impact of COVID-19 and Demonetization on United Kingdom Food Service Market
- Details on Current Investment in United Kingdom Food Service Market
- Competitive Analysis of United Kingdom Food Service Market
- Prominent Players in the United Kingdom Food Service Market
- SWOT Analysis of United Kingdom Food Service Market
- United Kingdom Food Service Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the United Kingdom Food Service Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United Kingdom Food Service Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United Kingdom Food Service Market
7. United Kingdom Food Service Market, By Type (USD Million) 2020-2033
7.1. United Kingdom Food Service Market Size, Share and Forecast, By Type, 2020-20267.2. United Kingdom Food Service Market Size, Share and Forecast, By Type, 2027-20337.3. Full Service Restaurants7.4. Quick Service Restaurants7.5. Institutes7.6. Others
8. United Kingdom Food Service Market, By Restaurant Type (USD Million) 2020-2033
8.1. United Kingdom Food Service Market Size, Share and Forecast, By Restaurant Type, 2020-20268.2. United Kingdom Food Service Market Size, Share and Forecast, By Restaurant Type, 2027-20338.3. Chained8.4. Independent
9. United Kingdom Food Service Market, By Service Type (USD Million) 2020-2033
9.1. United Kingdom Food Service Market Size, Share and Forecast, By Service Type, 2020-20269.2. United Kingdom Food Service Market Size, Share and Forecast, By Service Type, 2027-20339.3. Dine-In9.4. Takeaway9.5. Delivery
10. United Kingdom Food Service Market Forecast, 2020-2033 (USD Million)
10.1. United Kingdom Food Service Market Size and Market Share
11. United Kingdom Food Service Market, By Region, 2020-2033 (USD Million)
11.1. United Kingdom Food Service Market Size and Market Share By Region (2020-2026)11.2. United Kingdom Food Service Market Size and Market Share By Region (2027-2033)11.3. Eastern Region11.4. Western Region11.5. Northern Region11.6. Southern Region
12. Company Profile
12.1. Admiral Taverns Ltd.
12.1.1. Company details12.1.2. Financial outlook12.1.3. Product summary12.1.4. Recent developments
12.2. Co-operative Group Limited
12.2.1. Company details12.2.2. Financial outlook12.2.3. Product summary12.2.4. Recent developments
12.3. Costa Coffee
12.3.1. Company details12.3.2. Financial outlook12.3.3. Product summary12.3.4. Recent developments
12.4. Doctor's Associates, Inc.
12.4.1. Company details12.4.2. Financial outlook12.4.3. Product summary12.4.4. Recent developments
12.5. Domino's Pizza Group PLC
12.5.1. Company details12.5.2. Financial outlook12.5.3. Product summary12.5.4. Recent developments
12.6. Greggs PLC
12.6.1. Company details12.6.2. Financial outlook12.6.3. Product summary12.6.4. Recent developments
12.7. Marston's PLC
12.7.1. Company details12.7.2. Financial outlook12.7.3. Product summary12.7.4. Recent developments
12.8. McDonald's Corporation
12.8.1. Company details12.8.2. Financial outlook12.8.3. Product summary12.8.4. Recent developments
12.9. Mitchells & Butlers PLC
12.9.1. Company details12.9.2. Financial outlook12.9.3. Product summary12.9.4. Recent developments
12.10. Nando's Group Holdings Limited
12.10.1. Company details12.10.2. Financial outlook12.10.3. Product summary12.10.4. Recent developments
12.11. Pizza Hut (U.K.) Limited
12.11.1. Company details12.11.2. Financial outlook12.11.3. Product summary12.11.4. Recent developments
12.12. PizzaExpress (Restaurants) Limited
12.12.1. Company details12.12.2. Financial outlook12.12.3. Product summary12.12.4. Recent developments
12.13. Starbucks Corporation
12.13.1. Company details12.13.2. Financial outlook12.13.3. Product summary12.13.4. Recent developments
12.14. Stonegate Group
12.14.1. Company details12.14.2. Financial outlook12.14.3. Product summary12.14.4. Recent developments
12.15. Tesco PLC
12.15.1. Company details12.15.2. Financial outlook12.15.3. Product summary12.15.4. Recent developments
12.16. Others
13. Conclusion
14. Reference Links
15. List of Abbreviations
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
United Kingdom Food Service Market is projected to reach USD 172.9 billion by 2033, growing at a CAGR of 6.48% during the forecast period.
United Kingdom Food Service Market grew in Market size from 2022. The Market is expected to reach USD 14.84 billion by 2033, at a CAGR of 6.48% during the forecast period.
United Kingdom Food Service Market CAGR of 6.48% during the forecast period.
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United Kingdom Food Service Market size is USD 14.84 billion from 2024 to 2033.
United Kingdom Food Service Market Segment is covered By Type, By Service Type, By Restaurant Type.
The Europe is anticipated to have the highest Market share in the United Kingdom Food Service Market.
The key players in the Market include Companies Covered Admiral Taverns Ltd., Co-operative Group Limited, Costa Coffee, Doctor's Associates, Inc., Domino's Pizza Group PLC, Greggs PLC, Marston's PLC, McDonald's Corporation.
The preparation, serving, and presentation of food and drinks to patrons are all included in the food service sector.
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