The report provides detailed analysis of both historic and forecast foodservice industry values at channel level, analysis of the leading companies in the industry, and Austria’s business environment and landscape.The Austrian Foodservice report is a study of the dynamics of foodservice industry in light of the difficult economic environment. The report describes the effects of macroeconomic changes, demographic shifts, technology involvements, operators’ trends, and regulating condition on foodservice sales in the country.
The foodservice market in the country experienced a slowdown due to subdued demand and low transaction levels in 2009 as a result of downturn. However, Austria recovered steadily from the recession, which provided the strong platform for foodservice sector to grow steady.The sluggish growth in foodservice sales is expected in 2012 due to subdued demand in the country. Canadean expects foodservice sales to grow during the forecast period on account of a steady economic growth, demographic changes, and tourism growth, which is expected to support demand in the leisure, retail, healthcare and restaurant channels.
Key Features and Benefits
- This report provides readers with unparalleled levels of detail and insight into the development of the foodservice sector within Austria.
- This report provides readers with in-depth data on the valuation and development of both the profit and cost sectors in the Austrian foodservice market.
- This report provides details on the number of outlets, transactions, average price, foodservice sales, sales per outlet, and transactions per outlet per week across nearly 50 sub-channels.
- This report provides highly granular future forecasts and historic market data to aid market and strategic planning.
- This report will help you to assess the impact of economic recession and recovery on foodservice market growth.
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Report Details:
Published: May 2012
No. of Pages: 193
Price: Single User License – US$3200 Corporate User License – US$9600
Key Highlights
- The annual disposable income per capita increased from EUR17,968 in 2006 to EUR20,004 in 2011, at a CAGR of 2.17% and it is expected to increase at a CAGR of 2.05% to reach EUR22,139 in 2016. The further rise in the annual disposable income per capita will increase the sales in the sector.
- During 2010, the slowdown in the unemployment rate had a positive effect on the disposable income. The annual disposable income witnessed a positive annual growth of 1.8%, accounting for US$228.9 billion in 2010, which had given a positive upturn to foodservice industry.
- Changing demographics such as age distribution patterns, the rising number of the aged population, and increase in ethnic diversity have often reinforced their impact on foodservice industry. The smaller household size and increased working population are other socio-demographic factors impacting the foodservice industry.
- These increases in obesity, heart disease cases and other related disease have encouraged many to evaluate their eating habits and to adopt the healthier lifestyles.
- Consumers are purchasing organic and low processed food for their perceived health benefits.
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