Sweden – The Future of Foodservice to 2020

2017-04-28
Price :
Published : Apr-2017
No. of Pages : 152

Sweden – The Future of Foodservice to 2020

Summary

Sweden is one of the world’s most affluent counties, per capita income is high and rates of poverty and unemployment are low. Over 40% of households have an income of over USD$75,000. High taxes do lower disposable incomes in Sweden but high levels of redistribution result in all consumers being able to afford at least occasional trips to lower priced foodservice outlets.

The QSR channel is the second largest channel in the Swedish profit foodservice sector with an overall revenue in 2015 of over SEK22 Billion. The channel grew at a CAGR of 2.4% between 2013 and 2015; this growth is forecast to continue to 2020. Growth in the channel is being driven to a greater extent by increases in transactions at existing outlets, as opposed to the opening of new outlets.

FSR channel is the largest in the Swedish profit foodservice sector representing over SEK45 Billion in revenue in 2015. The channel saw a CAGR of 2.5% between 2013 and 2015; this is forecast to continue at a slightly reduced rate of 2.4% to 2020. Increases in overall transaction numbers are driving this growth with a CAGR of 1.6% between 2013 and 2015.

The coffee and tea shop channel had revenues in 2015 of over SEK10 Billion; this made the channel the fourth largest in the Swedish profit foodservice sector. The channel grew at a CAGR of 2.5% between 2013 and 2015; this growth is forecast to continue to 2020 at a similar rate.

The pub, club and bar channel is the third largest in the Swedish Profit foodservice sector with overall revenue of SEK13.5 Billion in 2015. Between 2013 and 2015 overall channel revenue grew at a CAGR of 1.2%, this rate of growth is forecast to continue to 2020. Outlet growth in the pub, club and bar channel was near static between 2013 and 2015, with a CAGR of only 0.2%. This low rate of growth in outlet numbers in forecast to continue to 2020.

The report “Sweden – The Future of Foodservice to 2020”, 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.

In particular, this report provides the following analysis –
– 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.

Companies mentioned in this report: BFT Coffee AB, Burger King, Condeco AB, Doctors Associate Inc, Elite Hotels of Sweden AB, Espresso House, Jensens BofHus A/S, Le Croissant AB, Max Hamburgers AB, McDonald’s, Nordic Fast Food AB, O’Learys trademark AB, Pizza Hut, Restaurant Brands Int, Sibylla, Starbucks, Subway, Texas Longhorn AB, Vapiano AG, Yum! Brands Inc.

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.

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

Top Growth Opportunities: Savory snacks in Saudi Arabia, 2019

Top Growth Opportunities: Savory snacks in Saudi Arabia, 2019 Summary Top Growth Opportunities for Savory Snacks in Saudi Arabia provides recommended actions and detailed analysis of how to target the best growth opportunities for Savory Snacks producers and retailers. Readers can understand what categories, channels, companies, and consumers will drive the success of Savory Snacks markets in Saudi Arabia 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 savory snacks 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 th......
$2995

Top Growth Opportunities: Dairy & Soy Food in Netherlands

Top Growth Opportunities: Dairy & Soy Food in Netherlands Summary Top Growth Opportunities for Dairy & Soy Food in Netherlands provides recommended actions and detailed analysis of how to target the best growth opportunities for Dairy & Soy Food producers and retailers. Readers can understand what categories, channels, companies, and consumers will drive the success of Dairy & Soy Food markets in Netherlands 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 Dairy & Soy Food 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 tar......
$2995

Top Growth Opportunities: Bakery & Cereals in Vietnam

Top Growth Opportunities: Bakery & Cereals in Vietnam Summary Top Growth Opportunities for Bakery & Cereals in Vietnam provides recommended actions and detailed analysis of how to target the best growth opportunities for Bakery & Cereals producers and retailers. Readers can understand what categories, channels, companies, and consumers will drive the success of Bakery & Cereals markets in Vietnam 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 Bakery & Cereals 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. T......
$2995

Top Growth Opportunities: Savory Snacks in China

Top Growth Opportunities: Savory Snacks in China Summary Top Growth Opportunities for Savory Snacks in China provides recommended actions and detailed analysis of how to target the best growth opportunities for Savory Snacks producers and retailers. Readers can understand what categories, channels, companies, and consumers will drive the success of Savory Snack markets in the Chinese market through GlobalData's detailed and robust data, expert insight, and case studies. Top Growth Opportunities for Savory Snack in China provides an overview of the Savory Snack market, analyzing market data, demographic consumption patterns within the category, and the key consumer trends driving consumption. GlobalData's proprietary Risk vs Reward Opportunity model pinpoints the best growth opportunitie......
$2995

India Hot Drinks – Market Assessment and Forecasts to 2023

India Hot Drinks - Market Assessment and Forecasts to 2023 Summary GlobalData's Country Profile report on the Hot Drinks sector in India provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and market share of brands. The Indian hot drinks sector is led by hot tea category in both value and volume terms, while other hot drinks is forecast to register the fastest value and volume growth during 2018-2023. Convenience stores was the leading channel in the distribution of hot drinks in India. Paper & board is the most commonly used pack material, followed by flexible packaging and rigid plastics. Unilever, Tata Sons Limited and GlaxoSmithKline are the top three companies in the Indian hot drinks sector. Add......
$875

Spain – The Future of Foodservice to 2023

Spain - The Future of Foodservice to 2023 Summary "Spain - The Future of Foodservice to 2023", published by GlobalData, provides extensive insight and analysis of Spain's Foodservice market over 2018-2023 and acts as a vital point of reference for operators or suppliers. The Spanish foodservice profit sector is led by the pub, club and bar channel, which held a 46.2% share of the sector's sales in 2018. However, its dominance has been wavering in recent years, as it struggles to compete with the low-cost and convenience-based nature of the QSR channel. Stagnant, or in some cases declining, outlet numbers, combined with an increasing number of transactions, is likely to create operational issues for outlets in highly urbanized areas or tourist hotspots. Scope - The pub, club, and bar c......
$4995

South Africa Hot Drinks – Market Assessment and Forecasts to 2023

South Africa Hot Drinks - Market Assessment and Forecasts to 2023 Summary The South African hot drinks sector is led by the hot coffee category in value terms, in 2018, whereas, the hot tea category is forecast to register fastest value growth during 2018-2023. While, Nestle led the hot coffee and other hot drinks categories, Unilever held the leading share in the hot tea category, in 2018. Paper & board remains the most commonly used pack material, while carton-folding is the commonly used pack type for hot drinks in South Africa. GlobalData's Country Profile report on the Hot Drinks sector in South Africa provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and market share of brands. What else is co......
$875

Sweden Hot Drinks – Market Assessment and Forecasts to 2023

Sweden Hot Drinks - Market Assessment and Forecasts to 2023 Summary The Swedish hot drinks sector is led by the hot coffee category in both value and volume terms, furthermore the hot coffee category is also forecast to register the fastest value and volume growth during 2018-2023. Hypermarkets & supermarkets accounted for the leading share in the distribution of hot drinks in Sweden, followed by convenience stores. Flexible packaging is the most commonly used pack material, while bag/sachet is the preferred pack type in the Swedish hot drinks sector. GlobalData's Country Profile report on the Hot Drinks sector in Sweden provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and market share of brands. W......
$875

Malaysia Hot Drinks – Market Assessment and Forecasts to 2023

Malaysia Hot Drinks - Market Assessment and Forecasts to 2023 Summary The Malaysian hot drinks sector is led by the hot tea category in both value and volume terms in 2018, while the hot coffee category is forecast to register the fastest value and volume growth during 2018-2023. Convenience stores and hypermarkets & supermarkets are the leading channels for the distribution of hot drinks in Malaysia. Flexible packaging is the most commonly used pack material in the sector, closely followed by paper & board. Nestle SA, BOH Plantations SDN BHD and Unilever are the leading players in the sector. GlobalData's Country Profile report on the Hot Drinks sector in Malaysia provides insights on high growth categories to target, trends in the usage of package materials, category level distributio......
$875

Mexico Hot Drinks – Market Assessment and Forecasts to 2023

Mexico Hot Drinks - Market Assessment and Forecasts to 2023 Summary The Mexican hot drinks sector is led by the ‘hot coffee' category in both value and volume terms, while the "other hot drinks" category is forecast to register the fastest value and volume growth during 2018-2023. Convenience stores are the leading channel for the distribution of hot drinks in the country. Flexible packaging is the most commonly used pack material in the sector. Nestle SA, Sabormex and Cafe Tostado de Exportacion SA de CV are the leading players in the Mexican hot drinks sector. In the Mexican, consumption of hot drinks is higher among females than males. GlobalData's Country Profile report on the Hot Drinks sector in Mexico provides insights on high growth categories to target, trends in the usage of ......
$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