Food & Beverages

Italian Foodservice: The Future of Foodservice in Italy to 2019

  • CAN246501
  • 82 Pages
  • June 2015
  • Food & Beverages
Summary
The report provides detailed market analysis, information, and insights, including:

- Historic and forecast market size covering the entire Italy's Foodservice sector

- Detailed analysis of Consumer, Operator and Technology trends in the Italian Foodservice sector

- Detailed analysis of market size, outlets and transactions in Italy for various categories in the Foodservice sector, such as Accommodation, Leisure, Pubs, Club and Bar, Restaurants, Retail, Travel, Workplace, Healthcare, Education, Military and Civil Defense, and Welfare and Services.

- Key players in the Italian Foodservice market

- Detailed market classification across each category, with analysis using similar metrics


Key Findings
- Although Italy is the Eurozone's third largest economy, the recession has turned Italian consumers into conscious spenders. These consumers are limiting the dine-out frequency to weekends and opting for less expensive menus.

- The tradition of the long lunch break is gradually shifting towards shorter breaks in addition to long working hours.

- Consumer preferences in Italy are shifting from wine to other alcoholic beverages such as beer, liqueurs, and spirits. The trend is more noticeable among youngsters and also, when consuming out-of-home, rather than daily consumption.

- Child obesity rates in Italy are very high due to changing lifestyle and food habits. Changing eating habits, such as consuming more soft drinks while dining-out and eating more fast food, is leading to higher obesity rates in Italian children.

- With changing lifestyles and sluggish economic growth, Italian consumers are shifting their dining out preferences from traditional full service restaurants to less expensive foodservice options such as quick service restaurants/ fast food and caf/ bars.

- The Italian Foodservice industry is dominated by independent operators. However, due to the economic crisis, many independent operators, particularly full service restaurants, are closing down.

- There is an emerging trend of organic foods in the Italian Foodservice market, primarily due to Italy's increased focus on food and safety concerns.

Synopsis
This report provides readers with unparalleled levels of detail and insight into the development of the foodservice sector within Italy.

- This report provides readers with in-depth data on the valuation and development of both the profit and cost sectors in the Italian foodservice market

- This report provides details on the number of outlets, transactions, average price, foodservice sales, sales per outlet, and transactions per outlet across nearly 50 sub-channels.

- This report provides highly granular future forecasts and historic market data to aid market and strategic planning.

- This report will help you to assess the impact of economic recession and recovery on foodservice market growth.

ReasonsToBuy
Why was the report written?

This report is the result of Canadean's extensive market research covering the Italian foodservice industry. It provides detailed analysis foodservice industry values at channel level and Italy's business environment and landscape.

Italian Foodservice: The Future of Foodservice in Italy to 2019 provides a top-level overview and detailed market and channel insights into the operating environment for foodservice companies. It is an essential tool for companies active across the Italian foodservice value chain, and for new companies considering entering the market.

What is the current market landscape and what is changing?

With changing lifestyles and a sluggish economy, Italian consumers are shifting their dining out preferences from traditional full service restaurants to less expensive foodservice options, such as quick service restaurants/ fast food and caf/ bars. Many independent operators are closing down their operations due to weak economic conditions.

What are the key drivers behind recent market changes?

Although the economy is projected to show growth in 2015, a high unemployment rate is expected to keep consumer spending low. However, the job reforms and World Expo Milano 2015 are expected to have a positive impact on the economy and consequently, the Foodservice industry.

What makes this report unique and essential to read?

Italian Foodservice: The Future of Foodservice in Italy to 2019 provides a top-level overview and detailed market and channel insights into the operating environment for foodservice companies. It is an essential tool for companies active across the Italian foodservice value chain, and for new companies considering entering the market.
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