The eating out sector is set to increase by £5bn in the next three years, with 1.5% growth rate in 2018. MCA’s Eating Out Market Report 2018 features 150+ pages of data and analysis on the UK eating out market, changes to the competitive landscape, the evolution of consumer trends ...
Growth within the UK eating out market has continued to slow in 2018. The Eating Out market is expected to grow by 1.5% in 2018, down from the 1.7% rate seen in 2017 and the slowest pace in five years. With inflation expected at c.2% in 2018, the market is experiencing negative volume growth from decreasing visit frequencies. Demand-side factors around weakening consumer confidence and limited growth in real pay levels are driving consumers to eat out less.
However with £5bn growth forecasted across the next three years, there is a clear opportunity for operators to maximise. Better-managed, consumer-centric operators that stand out in a crowded market place are best positioned to tap into this growth.
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