Russia – The Future of Foodservice to 2020

2017-05-08
Price :
Published : May-2017
No. of Pages : 135

Russia – The Future of Foodservice to 2020

Summary

Russia’s economy has shown growth despite the collapse of oil prices, as the country’s GDP per capita grew at a CAGR of 7.2% during 2011-2016. Foodservice has benefited from this growth, with consumers turning to the channel more often. Russia is an extremely unequal country. Major cities have a greater variety and larger number of foodservice outlets to target more affluent urban dwellers. Meanwhile, consumers in rural areas often have extremely low incomes and their presence in foodservice is limited.

Foodservice sales in the profit sector have shown a CAGR of 2.5% over 2013-2015, and forecast to grow at a CAGR of 3.0% over 2015-2020. This growth will be fuelled to a significant extent by an increased in number of transaction growth rather than increasing number of outlets. QSR, Workplace, and Travel are the largest channels in terms of sales, accounting for a 29%, 20% and 17% sales value share, respectively. Workplace is a fairly common channel in Russia’s foodservice, with employers organizing affordable meal solutions for their employees, catering at least for breakfast and lunch occasions.

QSR is the biggest channel in terms of transactions, accounting for 28.6% of the total profit sector sales in 2015. Over 2015-2020 the number of transactions will grow at a CAGR of 2.1%, which is lower than sales growth over the same period, at a CAGR of 3.0%, reflecting how the average value of transactions will grow.

Value growth in FSR is set to expand at a CAGR of 2.0% over 2015-2020, which is an increase from a CAGR of 1.5% over 2013-2015. The channel will reach a value of RUB 78.7 Billion in 2020 from RUB 69.0 bilion in 2013. Growth of transactions at a CAGR of 0.9% over 2015-2020 will be faster than growth in the number of the outlets, at a CAGR of 0.5% over the same period. This reflects a rate of saturation in more affluent areas such as big metropolitan areas, as well as move towards more efficient and casual formats.

Currently, Coffee & Tea Shops are a fairly small channel in Russia, accounting for a 2.5% sales share in Russia’s profit sector foodservice. The channel has witnessed a strong growth during 2013-2015 at a CAGR of 3.0%, and is forecast to show a faster growth over 2015-2020 at a CAGR of 3.7%.

The report “Russia – The Future of Foodservice to 2020” provides extensive insight and analysis of the Russian foodservice market over the next five years (2015-2020) and acts as a vital point of reference for operators or suppliers.

In depth, this report provides the following –
– Overview of the Russian macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on the Russian 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 Russia’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 Russian 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 Russian foodservice market.

Companies mentioned in this report: McDonald’s Corporation, Restaurant Brands International, Burger King, KFC, Yum! Brands, Stardogs, Subway, Doctor’s Associates, Teremok, Eurasia, Yakitoriya, The Ginza, Il Patio, Novikov Group, Shokoladnitsa, Coffee House, Kofe Khauz, Traveler’s Coffee, Starbucks, Coffeeshop Company.

Scope

– Price pressures are putting the squeeze on consumers and while they remain cautious, profit sector foodservice continues to grow. In fact, growth is set to accelerate until 2020, with QSR remaining the dominant force.
– The urban/rural divide continues to be a major obstacle to expansion of foodservice outside of cities. Depressed wages in many parts of Russia and rising prices have helped to encourage a lot of workplace foodservice. This has made workplaces the second largest profit sector channel in Russia.
– Technology is becoming more important in Russian foodservice, helping to drive the already growing delivery sector. This trend is clashing with the desire for lower price points and encouraging operators to improve their offers to meet the unique mix of Russian demands.

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 Russia’s foodservice market.

Filed in: Food & Beverage, Food Service
Publisher : GlobalData
More Reports
Title Price Buy Now

Top Growth Opportunities: Confectionery in Australia

Top Growth Opportunities: Confectionery in Australia Summary Top Growth Opportunities for Confectionery in Australia provides recommended actions and detailed analysis of how to target the best growth opportunities for Confectionery producers and retailers. Readers can understand what categories, channels, companies, and consumers will drive the success of Confectionery markets in Australia through GlobalData's detailed and robust data, expert insight, and case studies. GlobalData's Top Growth Opportunity reports use a risk versus reward opportunity model to identify the best growth markets for Confectionery producers. Through this in-depth study of market and category dynamics, readers are able to identify key opportunities, and what they need to do in order to target them. Get access......
$2995

Global & Regional Food & Grocery Retailing, 2017-2022: Market Size, Forecasts, Trends, and Competitive Landscape

Global & Regional Food & Grocery Retailing, 2017-2022: Market Size, Forecasts, Trends, and Competitive Landscape Summary The "Global & Regional Food & Grocery Retailing, 2017-2022", report, published by GlobalData, provides analysis of current and forecast market data for food and grocery retail sales globally. The global food & grocery sector reached US$8,045 billion in 2017 and it is forecast to grow at a CAGR of 6.8% over the next five years to reach US$11,204.5 billion by the end of 2022. Sales in the sector will be driven by positive economic factors globally, change in spending and consumption habits, inflation in grocery produce, improving disposable incomes, and investment by food & grocery retailers in modern and innovative retail formats - encouraging higher spend per head. W......
$4950

Country Profile: Bakery & Cereals in Brazil

Country Profile: Bakery & Cereals in Brazil Summary The Brazilian bakery & cereals sector is led by the bread & rolls category in both value and volume terms in 2018, while energy bars is forecast to register the fastest growth in value terms during 2018-2023. Food & drinks specialists accounted for the leading share in the distribution of bakery & cereals products in the country. Flexible packaging is the most commonly used pack material, followed by rigid plastics and paper & board. . Bauducco, Adria, and Pullman are the top three brands in the Brazilian bakery & cereals sector. GlobalData's Country Profile report on the bakery & cereals sector in Brazil provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel......
$875

Mexico – The Future of Foodservice to 2022

Mexico - The Future of Foodservice to 2022 Summary A rising tide lifts all boats' rings true for Mexico's foodservice market, as stable yet slow economic growth combined with falling unemployment has created a middle class that is better able to afford out-of-home meal occasions. As such, the Mexican profit sector has grown at a CAGR of 3.8% from 2015-2017, with the market becoming increasingly attractive for international investment and operators. The QSR channel's below average growth has, in part, been caused by Mexico's positive economic climate, which has acted as a double-edged sword. Moreover, as a result of Mexico's recent economic growth, more consumers have been lifted into the middle class, putting them in a better position to afford more frequent FSR meal occasions. "Mexico ......
$4995

Country Profile: Bakery & Cereals in Argentina

Country Profile: Bakery & Cereals in Argentina Summary The Argentine bakery & cereals sector is led by the bread & rolls category in both value and volume terms in 2018, while dough products is forecast to register the fastest growth in value terms during 2018-2023. Food & drinks specialists accounted for the leading share in the distribution of bakery & cereals products in the country. Flexible packaging is the most commonly used pack material, followed by rigid plastics and paper & board. Arcor, Mondelez International, Inc and Grupo Bimbo, S.A.B. de C.V. are the top three companies in the Argentine bakery & cereals sector. GlobalData's Country Profile report on the bakery & cereals sector in Argentina provides insights on high growth categories to target, trends in the usage of packag......
$875

Country Profile: Bakery & Cereals in France

Country Profile: Bakery & Cereals in France Summary The French bakery & cereals sector is led by the bread & rolls category in both value and volume terms. However, the breakfast cereals category is forecast to register the fastest value and volume growth during 2018-2023. Food & drinks specialists is the leading channel for distribution of bakery & cereals in the country. Flexible packaging is the most commonly used pack material in the sector, followed by rigid plastics and paper & board. Mondelez International, Inc, Barilla and Brioche Pasquier are the leading market players in the French bakery & cereals sector. GlobalData's Country Profile report on the bakery & cereals sector in France provides insights on high growth categories to target, trends in the usage of package materials,......
$875

Country Profile: Bakery & Cereals in the US

Country Profile: Bakery & Cereals in the US Summary The US bakery & cereals sector is led by the cakes, pastries & sweet pies category in value terms, while energy bars category is expected to register fastest value and volume growth during 2018-2023. Hypermarkets & supermarkets is the leading channel for distribution of bakery & cereals in the country. Flexible packaging is the most commonly used pack material in the sector, followed by rigid plastics and paper & board. General Mills, Inc., The Kellogg Company, and Grupo Bimbo, S.A.B. de C.V. are the leading market players in the US bakery & cereals sector. GlobalData's Country Profile report on the bakery & cereals sector in the US provides insights on high growth categories to target, trends in the usage of package materials, categor......
$875

Country Profile: Bakery & Cereals in Russia

Country Profile: Bakery & Cereals in Russia Summary The Russian bakery & cereals sector is led by the ‘bread & rolls' category in both value and volume terms, while the savory biscuits category is expected to register the fastest value and volume growth during 2018-2023. Food & drinks specialists is the leading channel for the distribution of bakery & cereals products in the country. Flexible packaging is the most commonly used pack material in the sector. The Kellogg Company, Khlebny Dom Oao, Mondelez International, Inc are the leading players in the sector. GlobalData's Country Profile report on the bakery & cereals sector in Russia provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and market shar......
$875

Success Case Study: Oatly – Bold milk-alternative brand catering to health- and environmentconscious consumers

Success Case Study: Oatly - Bold milk-alternative brand catering to health- and environmentconscious consumers Summary Oatly is an oat-based products company from Sweden. It aims to raise awareness of alternative, dairy-free milk, and other goods. The brand achieved sales of £18m in 2018 in the UK, up 89% from 2017. Globally, Oatly's sales reached £87m in 2018, and it is hoped that its revenues will double in 2019, with a new production plant expected to increase supply to its distribution network across 26 countries. "Success Case Study: Oatly" is part of GlobalData's Success & Failure case study series. It assesses the success of a milk-alternative brand catering to health- and environment-conscious consumers. Scope - Oatly intersects with key consumer trends, such as health trend......
$995

Country Profile: Bakery & Cereals in China

Country Profile: Bakery & Cereals in China Summary The Chinese bakery & cereals sector is led by the ‘cakes, pastries & sweet pies' category in both value and volume terms, while the cookies (sweet biscuits) category is expected to register the fastest value growth during 2018-2023. Food & drinks specialists is the leading channel for the distribution of bakery & cereals products in the country. Flexible packaging is the most commonly used pack material in the sector, but rigid plastics is expected to register the fastest growth during 2018-2023. Mondelez International, Inc, Orion Confectionery Co, Ltd., Nestle SA are the leading players in the sector. GlobalData's Country Profile report on the bakery & cereals sector in China provides insights on high growth categories to target, tren......
$875
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy