Benelux Foodservice Market Size, Share, Growth & Trends (2022-27)

 

Market Overview:

The Benelux foodservice market is anticipated to grow at a CAGR of 8.23% from 2022 to 2027.

The main factor fueling the expansion of the foodservice market in the region is consumers’ preference for quick, portable meals. Additionally, it’s likely that consumer spending on eating out-of-home will increase due to changing dietary trends and the growing influence of international cuisines on eating habits.

The market under study has grown quickly due to the acceptance of hot-pot cuisines and the rising demand for western-style fast food. Additionally, the market is being driven by elements like the rise in foreign tourists, the proportion of the working-age population that is younger, and the availability of organised fast-food chains that provide high-quality food and services.

The busy lifestyles of consumers are expected to foster the takeout and home delivery trends in the medium term, which is fueling the expansion of creative food service businesses. Additionally, the development of cloud-kitchen services in the area is made possible by the expansion of internet infrastructure and the online payment ecosystem.

Scope of the Report:

The industry of preparing, delivering, and dispensing prepared foods, as in a cafeteria or restaurant, is referred to as foodservice. By type, structure, and geography, the market is divided into segments. Full-service restaurants (FSR), cafes and bars, street stalls and kiosks, quick service restaurants, and 100% home delivery restaurants make up the market’s type-based segments. The market is divided into Chained outlets and Independent outlets based on structure. Additionally, it analyses the food service industries in Belgium, the Netherlands, and Luxembourg. The market sizing and forecasting for each segment have been done using value (in USD million).

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