Thursday 19 April 2018

Casual dining dominates €7.8bn food service market

'The latest data shows casual dining is a dominant trend, with more than a third of consumer spend on limited service restaurants.'
'The latest data shows casual dining is a dominant trend, with more than a third of consumer spend on limited service restaurants.'
Ellie Donnelly

Ellie Donnelly

Ireland's food service market is now valued at a record €7.8bn, according to new research from Bord Bia.

The sector is now made up of 33,000 individual outlets.

The latest research shows takeaway and so called 'grab-and-go', are key drivers of growth, although healthier foods trends are increasingly influencing menus.

Bord Bia's 2017 Irish Foodservice Channel Insights Report tracks all food consumed outside the home - from restaurants and pubs, to workplaces, hospitals and vending machines.

The sector is tipped to grow to €9bn by 2020.

The latest data shows casual dining is a dominant trend, with more than a third of consumer spend on limited service restaurants.

This includes casual dining and takeaway, compared to 12pc in full service restaurants and 17pc in pubs.

A drop this year in pub dining figures, excluding alcohol, is attributed to Brexit which Bord Bia said has led to a decrease in weekend trips and holiday visits to Ireland from the UK.

However, the two market segments showing the biggest share gain are hotels, accounting for 17pc of total food service consumer spending; and coffee shops and cafes - although the latter still only makes up 6pc of activity.

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