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New report covers UK fast food and pizza market
May 3, 2007
DUBLIN, Ireland — Research and Markets has announced the addition of the Fast Food and Home Delivery Outlets Market Report Plus 2006 to their offering.
The fast-food/takeaway and home-delivery market in the United Kingdom reached a value of £8.69 billion (U.S. $17.3 billion) in 2005, having grown by 3.7 percent over the previous year. If coffee shops are included, the value of the market reaches £10.78 billion (U.S. $21.46 billion), with sales growth of 4 percent recorded in 2005.
This report analyzes the segments of: sandwiches, burgers, fish and chips, pizza, chicken, other fast food/takeaway and coffee shops.
Key Note's research shows that more than half of those visiting a fast-food restaurant in the past 6 months have altered their eating patterns by opting for healthier meals (e.g. sandwiches and salads), reducing their frequency of visiting outlets or opting for smaller portion sizes. Coffee shops have also been a major new growth area of the market, mainly as a result of their ability to pull in new types of consumers to the market.
Future growth in the industry will be relatively stable, with annual average growth of less than 5 percent per annum in current prices predicted for the next 5 years. Companies mentioned include: Baskin-Robbins; Burger King Ltd; Caffè Nero Group PLC; Domino's Pizza UK & IRL PLC; Fast Food Systems Ltd; Kentucky Fried Chicken (Great Britain) Ltd; McDonald's Restaurants Ltd; PizzaExpress (Restaurants) Ltd; Pizza Hut (UK) Ltd; Pret A Manger (Europe) Ltd ; Starbucks Coffee Company (UK) Ltd; Subway; Whitbread PLC; and Papa John's (GB) Ltd
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