Restaurants - UK - April 2008

Table of Contents

• Issues in the Market
• Main issues
• Definition
• Abbreviations
• Market in Brief
• ' Double whammy' hits restaurants
  • Figure 1: UK restaurant sector growth trends, 2003-08
• Eating out still a priority
• British and European outshines American and ethnic
• The Restaurant Group and Tragus dominate a fragmented industry
• Pub restaurants still provide stiffest competition
• Eating out: still a treat
• Strengths and Weaknesses in the Market
• Strengths
• Affluence
• Lifestyle factors
• Service
• Specialism
• Weaknesses
• Rising overheads
• Staff shortages
• Vulnerable to trading down
• Smoking ban
• Internal Market Environment
• Key points
• Daytime business increases
  • Figure 2: Frequency of eating out at restaurants in the last 12 months, 2003-07
  • Figure 3: Frequency of eating out at lunchtime on weekdays in the last month, 2003-07
• Adapting to changing tastes
  • Figure 4: Types of restaurants visited in the last three months, 2003-07
• Are we truly a nation of foodies?
  • Figure 5: Agreement with selected lifestyle statements, 2003-07
• Pricing pressures
  • Figure 6: Trends in the cost of restaurant meals compared to all items and food prices, 2002-07
• Other overhead pressures
• Immigration: opportunities and threats
• Energy: cost and green issues abound
• Good service costs nothing
• Provenance: where does it come from?
• Keeping it simple
• Technology: boon or bane?
  • Figure 7: British Internet penetration at home/work/place of study or elsewhere, by demographics, Jan 2001-July 2007
• Broader Market Environment
• Key points
• Splash the cash
  • Figure 8: Trends in personal disposable income and consumer expenditure, 2003-13
• An ageing population
  • Figure 9: Trends in the age structure of the UK population, by gender, 2003-13
• Posh nosh
  • Figure 10: Forecast adult population trends, by socio-economic group, 2003-13
• Third age but first priority
  • Figure 11: Forecast adult population trends, by lifestage, 2003-13
• Single-minded
  • Figure 12: UK household sizes, 2003-13
• Competitive Context
• Key points
• Eating out takes priority
  • Figure 13: Expenditure priorities, 2006-08
  • Figure 14: The UK market for eating out, 2002-07
• Contrasting fortunes
  • Figure 15: The UK market for eating out*, by sector, 2001-07
• Pubs up the ante
• Market Size and Forecast
• Key points
• Market treads water
  • Figure 16: The UK restaurant market, 2003-13
• Future-proof?
• Factors used in forecast
• Segment Performance
• Key points
• Restaurant meals outstrip ethnic sector
  • Figure 17: UK restaurant market, by sector, 2003-13
• Restaurant meals
• British restaurants
• American and themed restaurants
• European restaurants
• Ethnic restaurants
• Factors used in forecast
• Companies and Products
• Key points
  • Figure 18: Leading UK restaurant chain operators*, March 2008
• A to Z Restaurants Ltd
• Caprice Holdings Ltd
• Carluccio' s plc
• Clapham House Group plc
• Gaucho Group Ltd
• Greene King
• Individual Restaurant Company plc
• Bay Restaurant Group Ltd
• Living Ventures Restaurants Ltd
• Mitchells & Butlers
• Paramount Holdings Ltd
• Prezzo plc
• Regent Inns plc
• T.G.I. Friday' s UK Ltd
• The Orchid Group
• The Restaurant Group plc
• Town Centre Restaurants Ltd
• Tragus Holdings
• Wagamama Ltd
• Yo! Sushi
• Brand Communication and Promotion
• Key points
  • Figure 33: Main media advertising expenditure for selected restaurant chains, by channel, 2007
• Type of Restaurants Visited
• Key points
  • Figure 34: Restaurants visited in the last three months, January 2008
• Pubs continue to dominate the eating out landscape
• The Chinese restaurant eat-in consumer
• The Indian restaurant eat-in consumer
• The Thai restaurant eat-in consumer
• The British restaurant eat-in consumer
• The Italian restaurant eat-in consumer
• The American restaurant eat-in consumer
• Pubs, Chinese and British restaurants the big movers and shakers
  • Figure 35: Restaurants visited in the last three months for a meal eaten in the restaurant, 2006 and 2008
• Top takeaway choices consolidate their position
  • Figure 36: Restaurants visited in the last three months for a takeaway, 2006 and 2008
• The Chinese restaurant takeaway consumer
• The Indian restaurant takeaway consumer
• Frequency of Visiting Restaurants
• Key points
  • Figure 37: Frequency of visiting restaurants, 2006 and 2008
• Most frequent diners are younger and affluent
• Most frequent diners have broad repertoire
  • Figure 38: Frequency of visiting restaurants, by restaurants visited for a meal eaten in a restaurant, January 2008
• Appendix: Internal Market Environment
• Frequency of eating out at restaurants -- detailed demographics
  • Figure 46: Frequency of eating out at restaurants in the last 12 months, by demographic sub-group, 2007Figure 47: Frequency of eating out at restaurants during the day in the last 12 months, by demographic sub group, 2007
  • Figure 48: Frequency of eating out at restaurants during the evening in the last 12 months, by demographic sub group, 2007
  • Figure 49: Frequency of eating out at lunchtime on weekdays in the last month, by demographic sub group, 2007
• Agreement with lifestyle statements -- detailed demographics
  • Figure 50: Agreement with selected lifestyle statements, by demographic sub group, 2007
  • Figure 51: Agreement with selected lifestyle statements, by demographic sub-group, 2007
• Appendix: Type of Restaurants Visited
• Restaurants visited to eat in -- detailed demographics
  • Figure 52: Most popular restaurants visited to eat in, by detailed demographics, January 2008
  • Figure 53: Next most popular restaurants visited to eat in, by detailed demographics, January 2008
• Restaurants visited for a takeaway -- detailed demographics
  • Figure 54: Most popular restaurants visited for a takeaway, by detailed demographics, January 2008
• Appendix: Frequency of Visiting Restaurants
• Frequency of visiting restaurants -- detailed demographics
  • Figure 55: Frequency of visiting restaurants, by detailed demographics, January 2008