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Portugal-The Future of Foodservice to 2021

06-26-2018 08:27 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsWeb

Reportsweb

Reportsweb

ReportsWeb.com published “Foodservice Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

"Portugal-The Future of Foodservice to 2021", published by Publisher, provides extensive insight and analysis of the Portugal's Foodservice market over the next five years (2016-2021) and acts as a vital point of reference for operators or suppliers.

Overall revenue in the Portuguese foodservice profit sector increased at a CAGR of 2.8% between 2014 and 2016. This represents strong post-recessionary growth for the sector, despite fragile growth in the wider economy.

The FSR channel in particular has seen strong growth, as consumers returned to foodservice following Portugal's deep recession. Consumers, however, remain heavily value-focused and typically seek out offers and discounts from their favourite operators.

There is also an emerging demand for convenience in multiple channels. A lowering of VAT in foodservice from 2016 is forecast to have a further positive impact on the sector.

Complete report is available@ http://www.reportsweb.com/inquiry&RW00011336693/sample

The report includes-
-Overview of Portugal's macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on Portugal'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 Shops, Pubs, Clubs and Bars) within Portugal'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 Portuguese population.
-Key players: Overview of market leaders within the four major channels including business descriptions and number of outlets.
-Case Studies: Learn from examples of recent successes and failures within the Portuguese foodservice market.

Report Scope:
-Portugal has a strong local food culture, as consumers value locally produced, sourced and influenced dishes and ingredients. There is also, however, a growing interest in international flavors and cuisines, especially among younger consumers. Operators specializing in local food will also benefit from an increase in tourism to Portugal's cities.
-Convenience factors are increasingly driving consumers' purchasing decisions in Portugal. Takeaway transactions and "rushed lunchtimes" are becoming more prevalent amongst urban consumers. "Family dining" and traditional eating habits are reducing in importance.
-As the Portuguese economy continues to recover, consumers are reverting to demanding quality over value, as well as localized options, from foodservice operators. This presents opportunities for the FSR channel to grow, and for QSR operators to premiumize their offering.

Inquire before Buying@ http://www.reportsweb.com/inquiry&RW00011336693/buying

Reasons to buy:
-Specific forecasts of the Portuguese foodservice market over the next five years (2016-2021) 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 shops, Pubs, Clubs and Bars) will allow readers understand the wants and needs of their target demographics.
-Relevant case studies will allow readers to learn from and apply lessons discovered by emerging and major players within the Portuguese foodservice market.

Companies Mentioned:
Agrolimen SA
Burger King
Chimarrao
Grupo Ibersol
H3 Hamburgology
Jeronimo Martins
KFC
McDonald's
Motasteak Catering Lda
Multifood Lda
Nestle SA
Pans & Company
Pizza Hut
Restaurant brands Int
Sonae SGPS
Starbucks
Tamakeria Lda
TelePizza AG
Yum! Brands

About ReportsWeb:
ReportsWeb.com is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries

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