Global Foodservice Sales Reach US$2.6 Trillion in 2013
Our new list, compiled in collaboration with Nation’s Restaurant News, focuses on the top 25 international foodservice operators of outside North America. This list and corresponding regional analysis is prominently featured in Nation’s Restaurant News latest issue.
Asia Pacific leads the way in foodservice sales with US$1 trillion dollars, followed by North America with US$544 billion and Western Europe at US$535 billion respectively. However, Eastern Europe experienced the most fixed year-on-year growth in 2012-2013with 10.8% sales growth, while Latin America also experienced strong growth with 9.7% expansion.
In Latin America, Brazilian chain Habib’s still leads the way in sales, reflecting the continuing importance of value-priced local brands and in Western Europe, UK-based Costa Coffee has expanded with an additional 25 markets in the region, increasing their rivalry with Starbucks.
Michael Schaefer, Head of Consumer Foodservice Research, says, “Utilizing our extensive global research helps us formulate the top 25 list and provides unique insights to not only what is going on in foodservice globally, but what is trending regionally. This in turn offers operators an opportunity to better understand their own markets, as well as markets they may wish to expand into in the future.”
To read the rest of the analysis provided by Euromonitor and Nation’s Restaurant News please visit: http://nrn.com/