Sweden - The Future of Foodservice to 2020

Sweden - The Future of Foodservice to 2020

Published: April 2017
Publisher: GlobalData
Product ref: 282901
Pages: 152
Format: PDF
Delivery: By product vendor

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Summary

"Sweden - The Future of Foodservice to 2020", published by GlobalData provides extensive insight and analysis of the Sweden’s Foodservice market over the next five years (2015-2020) and acts as a vital point of reference for operators or suppliers.

Overall revenue in the Swedish Foodservice profit sector grew at a CAGR of 2.2% between 2013 and 2015 and is forecast to continue to grow at a similar rate to 2020.

Growth is being fueled by the presence of a high number of affluent consumers, willing to spend on foodservice both as a treat and as a convenience product. Foodservice in Sweden is seeing the blurring of channel boundaries and a long term trend of convergence and consolidation.

Eating out, the concept of "Fika" and social drinking are all ingrained into Swedish culture and represent opportunities for both growth and modernization for operators in foodservice.

The report includes -
• Overview of Sweden’s macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on Sweden’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 Sweden’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 Swedish 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 Swedish foodservice market.

Scope

• Sweden is an affluent country. Incomes are, on average, relatively high, and consumers have discretionary income to spend on frequent visits to foodservice outlets. Consumers often prioritize quality and experience over value considerations.
• Health concerns are driving changes in Sweden's foodservice market, with many consumers cutting down on meat and refined carbohydrates consumption. Increasing the provision of health focused products has allowed operators to increase prices and has improved brand image. Consumers in Sweden also value locally made and sourced products. This facet of Swedish culture has resulted in "hyper-localism", where operators produce everything on-site or with a tight supply chain. Craft drinks, such as beer and coffee, are becoming increasingly prevalent.
• Operators in both the pub, club and bar and coffee and tea shop channels are improving the provision of food, and the rise of casual dining has resulted in a "convergence" between channels. This has also increased competition between channels for the same purchase occasions.

Reasons to buy

• Specific forecasts of the foodservice market over the next five years (2015-2020) 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 Swedish foodservice market.

Price: $4995.00

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Related research categories

By sector: Catering (in Foodservice/Catering)

By market: Sweden (in Europe)


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