Press release
Foodservice Market in Ireland is Booming Worldwide with McDonald's, Yum! Brands, The Coca-Cola Company, Starbucks
A new research document is added in HTF MI database of 125 pages, titled as 'Ireland - The Future of Foodservice to 2025' with detailed analysis, Competitive landscape, forecast and strategies. Latest analysis highlights high growth emerging players and leaders by market share that are currently attracting exceptional attention. The identification of hot and emerging players is completed by profiling 50+ Industry players; some of the profiled players are AIL Group, Doctor's Associates Inc., The Good Food Company, McDonald's Corporation, Supermac’s, Nando's, Eddie Rocket’s, Hony Capital, Yum! Brands Inc., The Coca-Cola Company, BHJ Holdings, Starbucks Corporation, Butlers Chocolate Cafe’s, J D Wetherspoon plc, The Porterhouse Group. The Market has witnessed continuous growth in the past few years and is projected to see some stability post Q2,2020 and may grow further during forecast year 2021-2026Access sample report @ https://www.htfmarketreport.com/sample-report/3284108-ireland-the-future-of-foodservice-to-2025
Summary
"Ireland - The Future of Foodservice to 2025” published by GlobalData provides extensive insight and analysis of the Irish Foodservice market over the next five years (2020-2025) and acts as a vital point of reference for operators or suppliers.
The Irish foodservice profit sector registered a sizable contraction in CAGR of 3.4% from 2015-2020 on account of shutdown and closure of economic activities. The country implemented a national lockdown in March 2020 to reduce virus spread which adversely impacted the nation’s economy. The COVID-19 related safety measures forced the shutdown of foodservice outlets such as restaurants, cafes which negatively impacted the sector sales revenue during the review period, especially in 2020. However, with relaxation on restrictions in May along with the re-opening of tourism activities during the second half of 2020 led to a spike in new cases across the nation which triggered the second wave in 2020. This adversely affected the transactions from dine-in restaurants. However, take-away and drive-thru helped in mitigating the losses incurred during the review period.
The report includes -
- Overview of Ireland's macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on the Irish 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 the Irish 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 Irish population.
- Key players: Overview of market leaders within the four major channels including business descriptions and number of outlets.
Scope
- The QSR is the largest channel in the Irish foodservice profit sector by revenue, representing 32.9% of total sector revenue in 2020. The QSR channel is among those channels wherein the average transaction value is on the higher end of the price spectrum.
- The QSR channel operated as the second largest channel in terms of the number of outlets in 2020. However, channel registered a decline in outlet numbers, owing to the disruptions created due to COVID-19. Meanwhile, coffee & tea shop channel saw the number of outlets grow during the review period.
- The Irish consumers especially millennials which constitute a large base of the population, aimed at spending on convenient food options which supported the channel sales during the review period, despite the pandemic. Moreover, the already established presence of off premise dining pre-lockdown supported the channel in maintaining the top position of the food-service industry.
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 shops, Pubs, Clubs and Bars) will allow readers understand the wants and needs of their target demographics.
Companies Mentioned in the Report
AIL Group
Doctor's Associates Inc.
The Good Food Company
McDonald's Corporation
Supermac’s
Nando's
Eddie Rocket’s
Hony Capital
Yum! Brands Inc.
The Coca-Cola Company
BHJ Holdings
Starbucks Corporation
Butlers Chocolate Cafe’s
J D Wetherspoon plc
The Porterhouse Group
Get Customization in the Report, Enquire Now @ https://www.htfmarketreport.com/enquiry-before-buy/3284108-ireland-the-future-of-foodservice-to-2025
Table of Contents
Introduction
Macroeconomic Context
Profit
....Continued
View Detailed Table of Content @ https://www.htfmarketreport.com/reports/3284108-ireland-the-future-of-foodservice-to-2025
It's vital you keep your market knowledge up to date. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization accordingly.
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HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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