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

Cold Chain Market by Application (Fruits & Vegetables, Dairy & Frozen Desserts, Fish, Meat & Seafood, Bakery & Confectionery), Temperature Type (Frozen, Chilled), Type (Refrigerated Transport, Refrigerated Warehousing), Region – Global Forecast to 2025

“The cold chain market is projected to grow at a CAGR of 7.8% during the forecast period.” According to MarketsandMarkets, the global cold chain market size is estimated to be valued at USD 233.8 billion in 2020 and is projected to reach USD 340.3 billion by 2025, recording a CAGR of 7.8%. Factors such as the consumer inclination toward food & beverages with higher shelf-life, due to the rising awareness to mitigate the food wastage have been fueling the use of cold chains in the food & beverage industry.International trade liberalization has also boosted the use of cold chain, globally. However, the growth of the cold chain market is inhibited by factors such as high infrastructure costs involved during the initial investments. In addition, the lack of required skilled reso......
$4950

Gummy Vitamins Market by Product Type (Multivitamins, Single Vitamins), Source (Animal, Plant), Packaging Type (Bottles & Jars, Pouches), Distribution Channel (Store-Based, Online), End User (Adult, Children), and Region – Global Forecast to 2025

“The gummy vitamins market is projected to grow at a CAGR of 12.5% during the forecast period.” According to MarketsandMarkets, the global gummy vitamins market size is estimated to be valued at USD 5.9 billion in 2020 and projected to reach USD 10.6 billion by 2025, recording a CAGR of 12.5%, in terms of value. Factors such as the rising incidences of vitamin deficiencies and undernourishments, along with growing awareness for on-the-go supplements, offering pleasant tastes and convenience in consumption are projected to drive the growth of the gummy vitamins industry during the forecast period. However, the growth of the gummy vitamins market is inhibited by factors, such as high costs of products, owing to the value-added benefits of the product and costlier procurement of ing......
$5650

Seaweed Cultivation Market by Type (Red, Brown, Green), Method of Harvesting (Aquaculture, Wild Harvesting), Form (Liquid, Powder, Flakes, Sheets), Application (Food, Feed, Agriculture, Pharmaceuticals), and Region – Global Forecast to 2025

"The seaweed cultivation market is projected to grow at a CAGR of 12.6% during the forecast period." According to MarketsandMarkets, the seaweed cultivation market size is estimated to be valued at USD 16.7 billion in 2020. It is projected to reach USD 30.2 billion by 2025, recording a CAGR of 12.6% during the forecast period, in terms of value. Factors such as edible seaweeds' functional properties, growth in consumer awareness regarding the health benefits of seaweed-based products, increasing industrial, agricultural, feed-related applications, and the rising market for seaweed as snack products are projected to drive the growth of the seaweed cultivation industry during the forecast period. However, excessive use of seaweed products can adversely affect consumers' health due to toxi......
$4950

Meat Starter Cultures Market by Application (Sausages, Salami, Dry-cured meat, and Others), Microorganism(Bacteria, and Fungi), Composition (Multi-strain mix, Single strain, and Multi-strain), Form, and Region – Global Forecast to 2025

 “The meat starter cultures market is projected to grow at a CAGR of 3.9% during the forecast period.” According to MarketsandMarkets, the global meat starter cultures market size is estimated to be valued at USD 62 million in 2020 and projected to reach USD 76 million by 2025, recording a CAGR of 3.9%. The market is driven primarily by factors such as increasing consumption of processed meat with higher shelf-life. North America is projected to be the fastest-growing regional market. North American countries, especially US, have emerged as leading destinations, as major companies are investing in these countries. The major restraints in the growth of the meat starter cultures market is the stringent regulations for the usage of meat starter cultures and concerns over the quality o......
$5650

Saudi Arabia Meat – Market Assessment and Forecasts to 2024

Saudi Arabia Meat - Market Assessment and Forecasts to 2024 Summary GlobalData's Country Profile report on the meat sector in Saudi Arabia provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and companies market shares. The Saudi Arabian meat sector is led by the chilled raw packaged meat - whole cuts category in value terms, while the cooked meat - counter is expected to register the fastest value growth during 2019-2024. Hypermarkets & supermarkets is the leading channel for the distribution of meat in the country. Rigid plastics is the most commonly used pack material in the Saudi Arabian meat sector. Al Munajem, Americana Group, and BRF S.A. are the leading players in the country. What e......
$875

United Arab Emirates Meat – Market Assessment and Forecasts to 2024

United Arab Emirates Meat - Market Assessment and Forecasts to 2024 Summary GlobalData's Country Profile report on the meat sector in UAE provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and companies market shares. The UAE meat sector was led by frozen meat category in value and volume terms in 2019. Furthermore, the frozen meat category is also forecast to register fastest value and volume growth during 2019-2024. Hypermarkets & supermarkets is the leading channel for distribution of meat in the country. Flexible packaging was the most commonly used pack material in UAE. BRF S.A., Emirates Modern Poultry Co. and Farm Fresh Meats, Inc. are the leading players in the UAE meat sector. What......
$875

United States Meat – Market Assessment and Forecasts to 2024

United States Meat - Market Assessment and Forecasts to 2024 Summary GlobalData's Country Profile report on the meat sector in the US provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and companies market shares. The US meat sector is led by the chilled raw packaged meat - processed category in value terms, while the frozen meat category is expected to register the fastest value growth during 2019-2024. Hypermarkets & supermarkets is the leading channel for the distribution of meat in the country. Rigid plastics is the most commonly used pack material in the US meat sector. Tyson Foods, Inc., WH Group, and Hormel Foods Corporation are the leading players in the country. What else is contai......
$875

Ambient (Canned) Soup (Soups) Market in Brazil – Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)

Ambient (Canned) Soup (Soups) Market in Brazil - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) Summary Ambient (Canned) Soup (Soups) Market in Brazil - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) is a broad level market review of Canned Soup market in Brazil. Ambient Soup - A liquid food, often containing pieces of meat and vegetables. Excludes UHT soup classified elsewhere. Covers both soup in cans and jars as well as soups in shelf-stable packaging (i.e. can be stored on a shelf without refrigeration) Ambient Soup market in Brazil registered a positive compound annual growth rate (CAGR) of 9.24% during the period 2014 to 2019 with a sales value of BRL 83.65 Million in 2019, an increase of 5.95......
$500

UHT Soup (Soups) Market in Colombia – Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)

UHT Soup (Soups) Market in Colombia - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) Summary UHT Soup (Soups) Market in Colombia - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) is a broad level market review of UHT Soup market in Colombia. UHT Soup - Soup which has been heat treated via ultra-high temperature (UHT) processing to become shelf-stable over a long period of time. Soup is defined as a liquid food, often containing pieces of meat and vegetables. UHT Soup market in Colombia registered a positive compound annual growth rate (CAGR) of 1.06% during the period 2014 to 2019 with a sales value of COP 884.32 Million in 2019, an increase of 0.42% over 2018. The market achieved its strongest perf......
$500

Chilled Soup (Soups) Market in Mexico – Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)

Chilled Soup (Soups) Market in Mexico - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) Summary Chilled Soup (Soups) Market in Mexico - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) is a broad level market review of Chilled Soup market in Mexico. Chilled Soup - chilled fresh soup, ready for consumption on heating (or ready for consumption in the case of cold soups). Chilled Soup market in Mexico registered a positive compound annual growth rate (CAGR) of 5.28% during the period 2014 to 2019 with a sales value of MXN 21.27 Million in 2019, an increase of 4.82% over 2018. The market achieved its strongest performance in 2016, when it grew by 5.70% over its previous year and its weakest performance in ......
$500
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