Now Available: Self-Service Cafeterias in France.
[USPRwire, Wed Oct 07 2015] The increase of VAT from 7% to 10% in January 2014 reinforced the difficulties of self-service cafeterias in France. As happened over the review period, consumers preferred other types of foodservice establishments, notably fast food, which are less expensive, more modern and more adapted to eat quickly and on-the-go. In addition, the unfavourable economic environment continued to lead consumers to be careful with their expenditure regarding eating outside of the home. With the additional three percentage points of VAT, this channel also competed strongly with the packaged ready meals available in supermarkets and hypermarkets, in particular at dinner.
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Amongst chained operators, Flunch (Agapes Restauration) maintained its lead in self-service cafeterias in 2014. This chain led in terms of outlets, transactions and value sales in 2014, due to strong brand recognition and a low-price strategy. Flunch opened seven new outlets, the majority of them through franchising, located in malls or on motorways, reaching a total of 265 points of sale in France. Even so, its value sales and transactions decreased. Like the majority of the other operators it suffered from budget restrictions regarding purchases of food outside of the home, in particular amongst families, and from competition from other types of consumer foodservice establishments.
Owners of self-service cafeterias have a major challenge to overcome over the forecast period. They will need to modernise their concepts and develop new services, such as take-away, in order to adapt to changing consumer behaviours in terms of foodservice consumption. With a growing number of people expected to live in urban areas over the forecast period, consumers will be increasingly receptive to services which allow them to save time.
Discover the latest market trends and uncover sources of future market growth for the Self-Service Cafeterias industry in France with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Self-Service Cafeterias industry in France, our research will save you time and money while empowering you to make informed, profitable decisions.
TheSelf-Service Cafeterias inFrance market research report includes:
* Analysis of key supply-side and demand trends
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country
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|Date:||Oct 7, 2015|
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