Abstract
Why buy this report
- Get insight into trends in market performance
- Pinpoint growth sectors and identify factors driving change
- Identify market and brand leaders and understand the competitive
environment
Product coverage
Consumer foodservice by chained/independent; Consumer foodservice by type;
Consumer foodservice by type and chained/independent
Executive summary
Positive performance of consumer foodservice
Growth in value sales of consumer foodservice in Portugal in 2006 was above
the CAGR generated over the review period as a whole. At the same time, the
environment also saw a decrease in the number of outlets. Chained operators
continued to be the key driver in foodservice in Portugal, despite dominance
by independent consumer foodservice outlets.
Franchising activity
The development of franchise systems helped boost the number of chained
outlets over the review period. The balance of chains and independents in
retailing and consumer foodservice is undergoing a dramatic transformation in
Portugal, thanks to the development of franchising operations via new retail
centres. Growing interest in franchising has allowed owners of many cafés /bars
and restaurants to roll out their own chains.
Competitive environment
Consumer foodservice remains highly fragmented in Portugal, with a large
number of players holding a small share. However, McDonald' s and Pizza Hut
each held one-third of chained consumer foodservice value sales in 2006,
thanks to their brand equity and operational scale.
Shopping centres boost chained performance
Although independent foodservice operators accounted for the largest value
share of consumer foodservice in 2006, chained foodservice is eroding this
share. Chained operators have benefited from growth in the number of shopping
centres and retail parks in the Portuguese retail environment over the review
period.
Slight decline in foodservice predicted over forecast period
Over the forecast period, consumer foodservice is expected to stagnate in
value terms. At the same time, outlet numbers will fall, in line with trends
established over the review period. Growth will be inhibited by the ongoing
decline in independent foodservice outlets.