Spain - The Future of Foodservice to 2021

Published: December 2017
No. of Pages: 168
    ReportsandReports

Spain - The Future of Foodservice to 2021

Summary

"Spain - The Future of Foodservice to 2021", published by GlobalData, provides extensive insight and analysis of the Spanish Foodservice market over the next five years (2016-2021) and acts as a vital point of reference for operators or suppliers.

As Spain’s economy enters a recovery period, there is a growing optimism among consumers as they revert back to pre-crisis spending habits and make more experimental foodservice decisions.

The country's persistent economic decline in recent years has, however, left a mark on consumers, with memories of better times, fueling a return to localism.

A disconnect between the demands and preferences of young and older consumers is notable across the market, but is primarily damaging the pub, club and bar channel, which is expected to see outlet numbers continue to decline in future years.

The report includes -
- Overview of Spain's macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on the Spanish 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 the Spanish 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 Spanish 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 Spanish foodservice market.

Scope

- Despite signs of a recovery, unemployment remains rampant across Spain. As such, consumers are feeling financially stretched and unable to justify regular out-of-home meal occasions unless operators provide significant offers, discounts and promotions.
- Low-income consumers are embracing home food delivery to limit unnecessary eating out expenses, fueling a ‘stay-at-home’ culture. With levels of technology penetration in Spain similar to that of the UK or the USA, key operators offering takeaway options, such as Telepizza, are beginning to take advantage of digitalization through mobile, tablet and smartwatch applications, offering an additional layer of convenience.
- Traditional pubs and bars are facing increased competition from coffee shops and "Gastrobars", which resonate better with the desires of younger consumers.

Reasons to buy

- Specific forecasts of the foodservice market over the next five years (2016-2021) 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 Spain's foodservice market.

Published By: GlobalData
Product Code: GlobalData42199


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