Japan Foodservice Market will grow at a CAGR of 1.2% till 2020: Radiant Insights
Sales value in the Japanese foodservice profit sector grew at a CAGR of 1.2% between 2013 and 2015, and growth is forecast to continue at a similar rate to 2020. Slow growth reflects relatively low consumer confidence and slow investment by operators in new locations. However, there are still a significant number of affluent consumers who are willing to spend.
The foodservice market is evolving, with channel boundaries becoming increasingly blurred. Operators are offering products and formats that overlap channel lines, including the provision of alcohol in QSR, and the introduction of FSR concepts in the coffee and tea shop channel. Technology and convenience will also continue to drive a significant proportion of visits to the market.
The report “Japan - The Future of Foodservice to 2020” is available now at http://www.radiantinsights.com/research/japan-the-future-of-foodservice-to-2020
The report includes –
- Overview of Japan's macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on Japan's foodservice market including GDP per capita, consumer price index, population growth and annual household income distribution.
- Growth dynamics: In-depth data and forecasts of key channels (QSR, FSR, Coffee & Tea Shops, Pubs, Clubs and Bars) within Japan's foodservice market, including the value of the market, number of transactions, number of outlets and average transaction price.
- Customer segmentation: identify the most important demographic groups, buying habits and motivations that drive out-of-home meal occasions among segments of the Japanese population.
- Key players: Overview of market leaders within the four major channels including business descriptions and number of outlets.
- Case Studies: Learn from examples of recent successes and failures within the Japanese foodservice market.
Browse All Reports of This Category @ http://www.radiantinsights.com/catalog/food
Scope
- Growth in the Japanese foodservice profit sector was almost entirely driven by growth in transactions as opposed to growth in outlets. Multiple channels saw negative outlet growth between 2013 and 2015, reflecting a lack of operators investing in new locations.
- As operators compete for fewer consumers, channel boundaries are becoming increasingly blurred. Products and service formats normally associated with a distinct channel are being co-opted by operators in other channels. Examples of this include the provision of alcohol in QSR and full service in the coffee and tea shop channel.
- Convenience will continue to be a significant driver of growth across channels to 2020. Technology is expected to have an increasing influence in the sector with consumer loyalty schemes and marketing becoming smartphone-based.
Request a Free Sample Copy of this Report @ http://www.radiantinsights.com/research/japan-the-future-of-foodservice-to-2020/request-sample
Reasons to Buy
- Specific forecasts of the Japanese foodservice market over the next five years (2015-2020) will give readers the ability to make informed business decisions through identifying emerging/declining markets.
- Consumer segmentation detailing the desires of known consumers among all major foodservice channels (QSR, FSR, Coffee & Tea shops, Pubs, Clubs and Bars) will allow readers understand the wants and needs of their target demographics.
- Relevant case studies will allow readers to learn from and apply lessons discovered by emerging and major players within Japan's foodservice market.
About Radiant Insights, Inc
Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake.
For more information or any query mail at sales@radiantinsights.com
The foodservice market is evolving, with channel boundaries becoming increasingly blurred. Operators are offering products and formats that overlap channel lines, including the provision of alcohol in QSR, and the introduction of FSR concepts in the coffee and tea shop channel. Technology and convenience will also continue to drive a significant proportion of visits to the market.
The report “Japan - The Future of Foodservice to 2020” is available now at http://www.radiantinsights.com/research/japan-the-future-of-foodservice-to-2020
The report includes –
- Overview of Japan's macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on Japan's foodservice market including GDP per capita, consumer price index, population growth and annual household income distribution.
- Growth dynamics: In-depth data and forecasts of key channels (QSR, FSR, Coffee & Tea Shops, Pubs, Clubs and Bars) within Japan's foodservice market, including the value of the market, number of transactions, number of outlets and average transaction price.
- Customer segmentation: identify the most important demographic groups, buying habits and motivations that drive out-of-home meal occasions among segments of the Japanese population.
- Key players: Overview of market leaders within the four major channels including business descriptions and number of outlets.
- Case Studies: Learn from examples of recent successes and failures within the Japanese foodservice market.
Browse All Reports of This Category @ http://www.radiantinsights.com/catalog/food
Scope
- Growth in the Japanese foodservice profit sector was almost entirely driven by growth in transactions as opposed to growth in outlets. Multiple channels saw negative outlet growth between 2013 and 2015, reflecting a lack of operators investing in new locations.
- As operators compete for fewer consumers, channel boundaries are becoming increasingly blurred. Products and service formats normally associated with a distinct channel are being co-opted by operators in other channels. Examples of this include the provision of alcohol in QSR and full service in the coffee and tea shop channel.
- Convenience will continue to be a significant driver of growth across channels to 2020. Technology is expected to have an increasing influence in the sector with consumer loyalty schemes and marketing becoming smartphone-based.
Request a Free Sample Copy of this Report @ http://www.radiantinsights.com/research/japan-the-future-of-foodservice-to-2020/request-sample
Reasons to Buy
- Specific forecasts of the Japanese foodservice market over the next five years (2015-2020) will give readers the ability to make informed business decisions through identifying emerging/declining markets.
- Consumer segmentation detailing the desires of known consumers among all major foodservice channels (QSR, FSR, Coffee & Tea shops, Pubs, Clubs and Bars) will allow readers understand the wants and needs of their target demographics.
- Relevant case studies will allow readers to learn from and apply lessons discovered by emerging and major players within Japan's foodservice market.
About Radiant Insights, Inc
Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake.
For more information or any query mail at sales@radiantinsights.com
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