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Restaurant industry will dominate Turkey, Austria to 2019

Restaurants will remain the dominant channel in Turkey and Austria while the fastest-growing channel is expected to be travel for Turkey and the welfare and services sector in Austria.

July 17, 2015

Research and Markets has added Canadean Ltd's new report "Turkish Foodservice: The Future of Foodservice in Turkey to 2019" to its inventory.

The report provides analysis and statistics on the market, including analysis of the consumer, operator and technology trends impacting the market. Data and analysis of market size outlets transactions and key players are also covered, according to a press release.

The Turkish foodservice market is expected to experience a growth of 5 percent during 2014—2019. A large percentage of its younger population, coupled with urbanization, will fuel the growth of Turkish foodservice industry during those years.

Restaurants will remain the dominant channel in Turkey while the fastest growing channel is expected to be travel. Turkey's growing tourism sector will fuel the foodservice profit in the country.

Research and Markets also released Canadean Ltd's new report "Austrian Foodservice: The Future of Foodservice in Austria to 2019."

The report provides analysis and statistics on the market such as the consumer, operator and technology landscape. Market size outlets transactions, data and key players are also included.

The Austrian foodservice market is expected to experience a growth of 2 percent during 2014—2019. According to the announcement, an improving Austrian economy will boost household purchasing power, creating a positive impact on the Austrian foodservice market during the same years.

Much like Turkey, restaurants will remain the dominant channel with welfare and services as the fastest-growing channel. Growth in the tourism market will also fuel the growth of the profit sector of foodservice sales in the country.