The full service restaurant offers meals and
snacks for immediate consumption on the premises. Carry out services, sales of
alcoholic beverages and providing nontheatrical entertainment are addition
services provided by some full service restaurants in Germany.
Germany is highly fragmented by many
restaurants hotels and other institutions which are competitive in nature. US
exporters have a good chance to export their food products in Germany, keeping
in mind: German food laws, packaging and labeling requirements.
According to the report, “Full-Service
Restaurants in Germany”, there has
been an increase in disposable income of people in Germany which has as a
result led to increase in the demand for premium products and a 3% increase in the
value growth of full service restaurants has been observed in Germany in 2016. Also,
there has been a rise in the disposable income due to favorable economic
climate and thereby consumers are much more willing to spend on these kinds of
expenses as compared to other service categories, despite a low saving rate.
A very surprising fact that has been noticed
recently is that- not even a single player in the category of full service
restaurants did achieve even a 1% of total value sale due to limited popularity
of chained outlets in full service restaurants in the country. Only; Block
house, Hans im Gluck which are located in North America and Maredo which is
located in Latin America, are the three largest companies, apart from hotel and
restaurant chains, which enjoy favorable locations in the largest German
cities.
The full service restaurants market is
becoming popular in Germany lately due to alluring and high quality food and
services being available at affordable prices for middle income consumers. Premium
products are also available for high income consumers. In the forecast period,
it is expected that the market will grow and forward towards new variety.
Consumers are expected to start demanding low calorie and natural products, especially
the high income Germans, due to increasing trend of staying fit and healthy
living. Also, it is expected that Europe will cover more share around the globe
in the full service restaurant market.
The market is expected to record great amount
of revenues especially for the next four years. Due to strong consumer
confidence of the product, the chained as well as independent operators are
foreseen to be benefited. Players of full service restaurants in the country are
dedicating their full efforts towards development and innovation in the ranges
and category which is surely going to help the market grow and expand in the
future years.
Topics Covered in the report
Topics Covered in the report
·
Global Full
Service Restaurants Market Research Report
·
Germany Quick
Service Restaurants Market Demand
·
Germany Full
Service Restaurants Market Size
·
Germany Cafes and
Restaurants Market Investigation Report
·
Germany Fast Food
Restaurants Market Analysis
·
Germany Full
Service Restaurants Industry Trends Analysis
·
Germany Casual
Dining Restaurants Market Revenue
·
Germany Changing
Trends for Fine Dining Restaurants
·
Germany Healthy
Restaurants Market Outlook
·
Germany Restaurants
Market Mergers and Acquisitions
·
Germany Full
Service Restaurants Industry Future Outlook
·
Germany Full
Service Restaurants Market Opportunities
·
Germany Full
Service Restaurants Market Growth
·
Germany Full
Service Restaurants Market Trends
·
Germany Full
Service Restaurants Market Future
·
Germany Full
Service Restaurants Market analysis
·
Germany Full
Service Restaurants Market share
·
Germany Full
Service Restaurants Market insight
·
Germany Full
Service Restaurants Market projection
To know more
about the research report:
Related reports:
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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