Hungary Foodservice Market Size and Trends by Profit and Cost Sector Channels, Consumers, Locations, Key Players, and Forecast, 2021-2026

Pages: 78 Published: March 29, 2022 Report Code: GDCS01032FD

The Hungary foodservice market was valued at $4.8 billion in 2021. The market is projected to grow at a CAGR of more than 6% during the forecast period. Independent operators dominated the profit sector in 2021. Value growth in the sector will be driven by an increase in the number of transactions. Full-service restaurant (FSR) was the largest channel in Hungary’s food service profit sector in 2021, followed by pub, club, and bar and quick-service restaurant (QSR). Consumers who visited FSRs at least once a week were driven by the availability of a greater variety of dishes and cuisines, and the availability/range of nutritious and healthy menu options.

The Hungary foodservice market report provides extensive insight and analysis of the Hungarian foodservice market over the next five years and acts as a vital point of reference for operators or suppliers.

Hungary foodservice market overview

Hungary foodservice market overview

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What are the key channels in the Hungary foodservice market?

The key channels in the Hungary foodservice market are FSR, pub, club, and bar, QSR, accommodation, retail, workplace, leisure, travel, coffee and tea shop, ice-cream parlor, and mobile operator. During the pandemic, many restaurants were pushed to close as they were unable to cope with the strict restrictions. Hungarian tourism also suffered significant losses. Foreign tourist spending fell by over half in 2020. In 2021, the pub, club, and bar channel led the profit sector in terms of number of outlets and the QSR channel led the sector in terms of number of transactions.

Hungary foodservice market, by channels

Hungary foodservice market, by channels

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Which are the key companies in the Hungary foodservice market?

Some of the key companies in the Hungary foodservice market are McDonald’s Corporation, Pek-Snack Ltd., Yum! Brands, Inc., Restaurant Brands International, and Unified Caravan Pizza Ltd.

Market report scope

Market size (Year – 2021) $4.8 billion
Growth rate CAGR of >6%
Forecast period 2021-2026
Key channels FSR, Pub, Club, and Bar, QSR, Accommodation, Retail, Workplace, Leisure, Travel, Coffee and Tea Shop, Ice-Cream Parlor, and Mobile Operator
Key companies McDonald’s Corporation, Pek-Snack Ltd., Yum! Brands, Inc., Restaurant Brands International, and Unified Caravan Pizza Ltd

This report provides:

  • Detailed analysis of current macro-economic factors and their impact on Hungary’s foodservice market including GDP per capita, consumer price index, population growth, and annual household income distribution.
  • In-depth data and forecasts of key channels within Hungary’s foodservice market, including the value of the market, number of transactions, number of outlets, and average transaction price.
  • Identification of the most important demographic groups, buying habits, and motivations that drive out-of-home meal occasions among segments of the Hungarian population.
  • Overview of market leaders within the four major channels including business descriptions and number of outlets.

Reasons to Buy

  • Specific forecasts of the foodservice market over the next five years will give readers the ability to make informed business decisions by identifying emerging/declining markets.
  • Consumer segmentation detailing the desires of known consumers among all major foodservice channels will allow readers to understand the wants and needs of their target demographics.

Key Players

McDonald's Corporation
Pek-Snack Ltd.
Yum! Brands
Inc.
Restaurant Brands International
Unified Caravan Pizza Ltd.

Table of Contents

Table of Contents

Introduction

Report Guide

Executive Summary

Macroeconomic Context

Macroeconomic Overview

Trends Landscape

Profit Sector – Impact of COVID 19

Profit Sector Metrics

Key Metric Highlights

Value, Share, and Performance by Channel

Outlets and Transactions Dynamics by Channel

Operator Buying Volumes and Performance by Channel

Historic and Future Channel Performance Dynamics

Outlet Type and Owner Type Growth Dynamics

Profit Sector by Channel

Quick Service Restaurant (QSR)

Summary and Key Points

Metrics

Key Players

Who?

Why?

What?

Where?

What Next?

Full Service Restaurant (FSR)

Summary and Key Points

Metrics

Who?

Why?

What?

Where?

What Next?

Pub, Club & Bar

Summary and Key Points

Metrics

Who?

Why?

What?

Where?

What Next?

Cost Sector Metrics

Cost Operator Trends Historic Performance and Future Growth

Data and Channel Share Breakdown

Appendix

Frequently Asked Questions

The foodservice market in Hungary was valued at $4.8 billion in 2021.

 

 

 

The foodservice market in Hungary is projected to grow at a CAGR of more than 6% during the forecast period.

The key channels in the Hungary foodservice market are FSR, pub, club, and bar, QSR, accommodation, retail, workplace, leisure, travel, coffee and tea shop, ice-cream parlor, and mobile operator.

Some of the key companies in the Hungary foodservice market are McDonald’s Corporation, Pek-Snack Ltd., Yum! Brands, Inc., Restaurant Brands International, and Unified Caravan Pizza Ltd.

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