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Foodservice Market in Germany to 2025 - Market Assessment, Channel Dynamics, Customer Segmentation and Key Players

Foodservice Market in Germany to 2025 - Market Assessment, Channel Dynamics, Customer Segmentation and Key Players

  • December 2021
  • 120 pages
  • ID: 6225557
  • Format: PDF
  • GlobalData

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Foodservice Market in Germany to 2025 - Market Assessment, Channel Dynamics, Customer Segmentation and Key Players

Summary
“Foodservice Market in Germany to 2025” published provides extensive insight and analysis of the German Foodservice market over the next five years (2020-2025) and acts as a vital point of reference for operators or suppliers.

Germany foodservice profit sector contracted by a CAGR of 10.5% from 2015-2020. The government began restricting profit sector’s operations in October 2020 owing to the lockdown imposed in the country to prevent the spread of COVID-19 which hampered the growth of the channel in 2020. Amid the pandemic, Germany introduced supportive measures for the sector. In May 2020, the German parliament passed a measure to cut the value-added tax on restaurants. As a result, the foodservice industry projected to bounce back over the forecast period.

The report includes -

- Overview of Germany’s macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on Germany’s foodservice market including GDP per capita, consumer price index, population growth and annual household income distribution.
- Growth dynamics: In-depth data and forecasts of key channels (QSR, FSR, Coffee & Tea Shop, and Pub, Club & Bar) within Germany’s foodservice market, including the value of the market, number of transactions, number of outlets and average transaction price.
- Customer segmentation: identify the most important demographic groups, buying habits and motivations that drive out-of-home meal occasions among segments of the German population.
- Key players: Overview of market leaders within the four major channels including business descriptions and number of outlets

Scope
- FSR is the largest channel in the German foodservice profit sector by revenue, representing 27.6% of total sector revenue in 2020. The QSR is the second most prominent channel, with a market share of 21.7%. FSR’s large market share can be attributed to its unique and casual dining ambience for special occasions.
- The FSR channel led in terms of number of outlets in the country, however recorded a decline of 0.6%, primarily due to COVID-19 created economic and financial crisis. Meanwhile, the total number of outlets in the QSR and pub, club & bar channel grew by a CAGR of 0.5% and 1.9 % during this period.
- Delivery and take-away transactions surged in 2020 owing to the operational restrictions on restaurants and shuttering of other on-premise channels amid the pandemic. QSR channel however, highlighted highest proportion of takeaway transactions in 2020.

Reasons to Buy
- Specific forecasts of the foodservice market over the next five years (2020-2025) will give readers the ability to make informed business decisions through identifying emerging/declining markets.
- Consumer segmentation detailing the desires of known consumers among all major foodservice channels (QSR, FSR, Coffee & Tea shop, and Pub, Club & Bar) will allow readers understand the wants and needs of their target demographics.

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