Research
Special price offers surge as the most popular promotional tool for QSRs
Special price offers surge as the most popular promotional tool for QSRs
It accounts for 79% of dine-in formats and 53% in the delivery sector.
UK’s QSR market to reach $44.01b by 2029
The market is forecasted to grow at a CAGR of 5.25%.
Fast casual restaurant market grows by US$302.5b in 2024 to 2028
It is estimated to increase at a CAGR of 15.2%.
UK foodservice promotions across segments revealed
The share of in-restaurant price promotions was at 86% in H1.
Promotions continue to drive growth in UK’s foodservice industry
Restaurant promos grew by 25% in QSR and 13% in casual dining.
New mums opt for a burger and fries as their preferred post-birth meal
Over a third of mums appreciate this combo.
Hospitality groups report 1.3% growth in August
Dreary weather and underwhelming consumer confidence were cited as the reason.
Football fever helps pubs whilst summer slump hits casual dining
Meanwhile, fast food restaurants saw less in-store traffic but an increase in delivery.
1 in 2 feel hospitality leaders feel confident about their business prospects
However, this was a 4% drop from May’s figure of 53%
Here's what morning traffic is doing to UK's QSR brands
The first half of the year saw a 13.9% boost in morning traffic.
Regional disparities define the UK’s fast food industry in 2024
A new report reveals how some areas are thriving whilst others face significant challenges.
Britain’s hospitality sector records first outlet growths in two years
There were 462 net new openings between March and June.
Bakery and Sandwich traffic only segment to grow in H1
Traffic dropped by 1% overall.
4 in 5 diners said they like to try new cuisines when eating out
Asian foods came out as the most popular cuisine across the world.
Is the UK foodservice market showing signs of recovery?
Meaningful Vision tracked the overall traffic trends by segment.
1 in 2 consumers prefer familiar restaurants over new ones
However, restaurants with discounts or reward systems can still entice them.
Price fluctuations should remind operators that the market remains volatile—analyst
Inflation in June 2024 stood at 3.6%.
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