Research
A year in review of the UK’s fast food market
A year in review of the UK’s fast food market
Chicken shops are winning whilst pizza delivery outlets showed slow growth.
Hospitality leaders' confidence drops to 41%
This is a dip of eight percentage points from 49% in August.
SEA foodservice market to reach US$349.05b in 2029
It is expected to reach a CAGR of 12.65%.
These are the top trends in hospitality this Q1 2025
Weekly sales have improved by 7%.
Nearly two-thirds of businesses increase prioritisation on food waste efforts
However, only 34% of them believe that they are doing a good job in managing food waste in their segment.
Hospitality groups report 1.7% growth in September
Total sales growth was at 3.7%.
Promotions trend in casual dining revealed
The number of promotions in casual dining rose by 25%.
9 in 10 HK restaurants credit sales boost to deliveries during events
65% of restaurants saw stable or increased revenue during major summer sports events.
Hospitality insolvencies drop 16% MoM in August 2024
It also went down by 29% YoY.
Special price offers surge as the most popular promotional tool for QSRs
It accounts for 79% of dine-in formats and 53% in the delivery sector.
UK’s QSR market to reach $44.01b by 2029
The market is forecasted to grow at a CAGR of 5.25%.
Why China’s coffee industry is booming
Chinese coffee chains are rapidly expanding into lower-tier cities, sparking fierce price wars.
Fast casual restaurant market grows by US$302.5b in 2024 to 2028
It is estimated to increase at a CAGR of 15.2%.
UK foodservice promotions across segments revealed
The share of in-restaurant price promotions was at 86% in H1.
Consumers shift from delivery to pick-up amidst search for value
Delivery traffic declined by 6% in 2024, whilst pickup saw a growth of 18%.
4 in 5 Australians support brands engaging in social good
A quarter of respondents also admitted boycotting a brand due to unethical actions.
McDonald’s top YouGov SG and MY QSR rankings for 2024
The restaurant had an index score of 31.9 and 27.3 in both countries, respectively.
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Commentary
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