HoReCa Market Research Report Forecast Till 2030

HoReCa Market is projected to register a CAGR of 6.77% during the review period. In Dutch, "lodgings, restaurants, and bistros" are alluded to as "HoReCa." One of the principal factors impacting the HoReCa market is the extension of food foundations like restaurants. One of the primary elements driving the development of the market is the rising longing for handled food sources and unhealthy food among centuries. For example, in the US alone, there were 78,092 pizza diners opened in 2020. Pizza restaurants have filled in number by around 6,000 units over the past nine years, despite year-to-year varieties. Because of offering similar merchandise, there has been savage contest among free chains of pizza and restaurants.

Moreover, the worldwide interest for business gear is filled by expanded purchaser use on food conveyance and the strain to satisfy clients' requests on time. Furthermore, the HoReCa area's development is driven by an expansion in bistros, lodgings, and restaurants and an ascent in handled and bundled food interest because of an expansion in the quantity of working couples and the hug of Western culture. The quantity of homegrown and unfamiliar sightseers going to different areas increments as the travel industry creates. Lodgings, restaurants, and bistros in notable traveler objections are in expanded request since guests need housing, eating, and reward administrations. Besides, occasional changes are normal in the vacationer business, with top seasons seeing an expansion in guests.

Market Segmentation

The HoReCa Market segmentation, based on the service type, has been segmented into hotels, restaurants, and cafes and pubs.

Based on category, the HoReCa Market data has been bifurcated into single outlet and HoReCa chain.

Regional Analysis

The North America HoReCa market is supposed to grow at a powerful rate over the extended period, as indicated by Market research Future. North America is expected to develop at the most noteworthy rate in the HoReCa market over the estimate period. The advancement of new air terminals and thruways in emerging nations has energized different restaurant and lodging networks to open roof bars and bars.

Europe's HoReCa market represents the second biggest market share starting around 2022. Europe is expected to drive the development of the HoReCa at a huge rate over the conjecture period. One of the key variables supporting the market's extension is the rising interest for handled and low-quality food in the millenniums.

Asia-Pacific HoReCa market represents a critical market share starting around 2022. The market for HoReCa is expected to be overwhelmed by Asia-Pacific. In APAC, discretionary cashflow has extraordinarily extended because of populace development, developing urbanization, and moving customer inclinations.

The rising number of unfamiliar guests to APAC is one of the critical drivers of the HoReCa market's development. because of creative advancements like versatile applications for online reservations, computerized installment frameworks, and personalization empowered by computer-based intelligence. Different conventional and unfamiliar cooking styles are accessible in countries like

Major Players

Key Companies in the HoReCa Market are Mcdonald, Subway IP LLC, KFC CORPORATION, Pizza Hut, Burger King Company LLC, YUM! BRANDS RSC, Jubilant FoodWorks Ltd, Starbucks Coffee Company, COSTA COFFEE, and Papa John's International, Inc.

Product Code: MRFR/F-B & N/9054-CR

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 11

1.1 MARKET ATTRACTIVENESS ANALYSIS 12
- 1.1.1 GLOBAL HORECA MARKET, BY SERVICE TYPE 12
- 1.1.2 GLOBAL HORECA MARKET, BY CATEGORY 13
- 1.1.3 GLOBAL HORECA MARKET, BY REGION 14

2 MARKET INTRODUCTION 15

2.1 DEFINITION 15
2.2 SCOPE OF THE STUDY 15
2.3 RESEARCH OBJECTIVE 15
2.4 MARKET STRUCTURE 15

3 RESEARCH METHODOLOGY 16

3.1 DATA MINING 16
3.2 SECONDARY RESEARCH 17
3.3 PRIMARY RESEARCH 17
- 3.3.1 PRIMARY INTERVIEWS AND INFORMATION GATHERING PROCESS 18
- 3.3.2 BREAKDOWN OF PRIMARY RESPONDENTS 18
3.4 RESEARCH METHODOLOGY FOR MARKET SIZE ESTIMATION 20
- 3.4.1 BOTTOM-UP APPROACH 21
- 3.4.2 TOP-DOWN APPROACH 21
3.5 DATA VALIDATION 22
3.6 ASSUMPTIONS & LIMITATIONS 22

4 MARKET DYNAMICS 23

4.1 INTRODUCTION 23
4.2 DRIVERS 24
- 4.2.1 GROWING TOURISM INDUSTRY 24
- 4.2.2 RISING DESIRE FOR HEALTHIER DINING AND LODGING ALTERNATIVES 24
4.3 RESTRAINT 25
- 4.3.1 LACK OF TRAINED LABOR AND PERSONNEL 25
- 4.3.2 EXPANDING OPERATIONAL EXPENSES 25
4.4 OPPORTUNITIES 26
- 4.4.1 NORTH AMERICA 26
  - 4.4.1.1 INCREASING NUMBER OF HIGH NET-WORTH INDIVIDUALS 26
  - 4.4.1.2 INCREASED DIGITALIZATION AND ONLINE FOOD ORDERING 26
- 4.4.2 EUROPE 26
  - 4.4.2.1 GROWING SUSTAINABILITY AND RESPONSIVE BEHAVIOR 26
  - 4.4.2.2 RISING PERSONALIZATION AND CUSTOMIZATION 26
- 4.4.3 ASIA PACIFIC 27
  - 4.4.3.1 RAPID URBANIZATION 27
  - 4.4.3.2 INCREASED FOOD DELIVERY AND TAKEAWAY SERVICES 27
- 4.4.4 SOUTH AMERICA 27
  - 4.4.4.1 RISING CULINARY TOURISM 27
  - 4.4.4.2 RISING BUSINESS TRAVEL AND MICE TOURISM 27
- 4.4.5 MIDDLE EAST AND AFRICA 28
  - 4.4.5.1 RISING HOSPITALITY INFRASTRUCTURE 28
  - 4.4.5.2 GROWING HALAL-CERTIFIED RESTAURANTS AND CAFES 28
4.5 CHALLENGES 28
- 4.5.1 ECONOMIC TURNOVER 28
- 4.5.2 DISRUPTION IN TECHNOLOGY 28

5 MARKET FACTOR ANALYSIS 29

5.1 VALUE CHAIN ANALYSIS/SUPPLY CHAIN ANALYSIS 29
- 5.1.1 HORECA MANUFACTURERS 29
- 5.1.2 DISTRIBUTION & SALES CHANNEL 30
- 5.1.3 END-USERS 30
5.2 PORTER'S FIVE FORCES MODEL 31
- 5.2.1 BARGAINING POWER OF SUPPLIERS 31
- 5.2.2 BARGAINING POWER OF BUYERS 32
- 5.2.3 THREAT OF NEW ENTRANTS 32
- 5.2.4 THREAT OF SUBSTITUTES 32
- 5.2.5 INTENSITY OF RIVALRY 32
5.3 IMPACT OF CORONAVIRUS OUTBREAK ON GLOBAL MARKET 33
- 5.3.1 IMPACT ON SUPPLY CHAIN OFHORECA MARKET 33
- 5.3.2 PRODUCTION CONSTRAINTS 33
- 5.3.3 IMPACT ON CONSUMER BUYING BEHAVIOUR 33
- 5.3.4 IMPACT ON RETAIL SALES (ONLINE AND STORE BASED) 33
- 5.3.5 OTHERS 34
5.4 HORECA MARKET TRENDS 34

6 GLOBAL HORECA MARKET, BY SERVICE TYPE 35

6.1 INTRODUCTION 35
6.2 HOTELS 36
6.3 RESTAURANTS 36
6.4 CAFES AND PUBS 36

7 GLOBAL HORECA MARKET, BY CATEGORY 37

7.1 INTRODUCTION 37
7.2 SINGLE OUTLET 38
7.3 HORECA CHAIN 38

8 GLOBAL HORECA MARKET, BY REGION 39

8.1 INTRODUCTION 39
8.2 NORTH AMERICA 40
- 8.2.1 US 42
- 8.2.2 CANADA 43
- 8.2.3 MEXICO 44
8.3 EUROPE 45
- 8.3.1 GERMANY 47
- 8.3.2 UK 48
- 8.3.3 FRANCE 49
- 8.3.4 ITALY 50
- 8.3.5 SPAIN 51
- 8.3.6 REST OF EUROPE 52
8.4 ASIA PACIFIC 53
- 8.4.1 CHINA 56
- 8.4.2 JAPAN 57
- 8.4.3 INDIA 58
- 8.4.4 AUSTRALIA AND NEWZEALAND 59
- 8.4.5 REST OF ASIA PACIFIC 60
8.5 LATIN AMERICA 61
- 8.5.1 BRAZIL 63
- 8.5.2 ARGENTINA 64
- 8.5.3 REST OF LATIN AMERICA 65
8.6 MIDDLE-EAST AND AFRICA 66
- 8.6.1 GCC COUNTRIES 68
- 8.6.2 NORTHERN AFRICA 69
- 8.6.3 SOUTHERN AFRICA 70
- 8.6.4 REST OF MEA 71

9 COMPETITIVE LANDSCAPE 72

9.1 COMPETITIVE OVERVIEW 72
9.2 COMPETITIVE BENCHMARKING 73
9.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 74
- 9.3.1 MATERIAL DEVELOPMENT 74
- 9.3.2 EXPANSION 74

10 COMPANY PROFILES 75

10.1 MCDONALD'S 75
- 10.1.1 COMPANY OVERVIEW 75
- 10.1.2 FINANCIAL OVERVIEW 76
- 10.1.3 PRODUCTS OFFERED 76
- 10.1.4 KEY DEVELOPMENTS 77
- 10.1.5 SWOT ANALYSIS 77
- 10.1.6 KEY STRATEGY 78
10.2 SUBWAY IP LLC 79
- 10.2.1 COMPANY OVERVIEW 79
- 10.2.2 PRODUCTS OFFERED 79
- 10.2.3 KEY DEVELOPMENTS 79
- 10.2.4 SWOT ANALYSIS 80
- 10.2.5 KEY STRATEGY 80
10.3 KFC CORPORATION 81
- 10.3.1 COMPANY OVERVIEW 81
- 10.3.2 PRODUCTS OFFERED 81
- 10.3.3 SWOT ANALYSIS 82
- 10.3.4 KEY STRATEGY 82
10.4 PIZZA HUT 83
- 10.4.1 COMPANY OVERVIEW 83
- 10.4.2 PRODUCTS OFFERED 83
- 10.4.3 KEY DEVELOPMENTS 83
- 10.4.4 SWOT ANALYSIS 84
- 10.4.5 KEY STRATEGY 84
10.5 BURGER KING COMPANY LLC 85
- 10.5.1 COMPANY OVERVIEW 85
- 10.5.2 PRODUCTS OFFERED 85
- 10.5.3 KEY DEVELOPMENTS 85
- 10.5.4 SWOT ANALYSIS 86
- 10.5.5 KEY STRATEGY 86
10.6 YUM! BRANDS RSC 87
- 10.6.1 COMPANY OVERVIEW 87
- 10.6.2 FINANCIAL OVERVIEW 88
- 10.6.3 PRODUCTS OFFERED 88
- 10.6.4 SWOT ANALYSIS 89
- 10.6.5 KEY STRATEGY 89
10.7 JUBILANT FOODWORKS LTD 90
- 10.7.1 COMPANY OVERVIEW 90
- 10.7.2 FINANCIAL OVERVIEW 91
- 10.7.3 PRODUCTS OFFERED 91
- 10.7.4 KEY DEVELOPMENTS 91
- 10.7.5 SWOT ANALYSIS 92
- 10.7.6 KEY STRATEGY 92
10.8 STARBUCKS COFFEE COMPANY 93
- 10.8.1 COMPANY OVERVIEW 93
- 10.8.2 PRODUCTS OFFERED 93
- 10.8.3 KEY DEVELOPMENTS 93
- 10.8.4 SWOT ANALYSIS 94
- 10.8.5 KEY STRATEGY 94
10.9 COSTA COFFEE 95
- 10.9.1 COMPANY OVERVIEW 95
- 10.9.2 PRODUCTS OFFERED 95
- 10.9.3 KEY DEVELOPMENTS 95
- 10.9.4 SWOT ANALYSIS 96
- 10.9.5 KEY STRATEGY 96
10.10 PAPA JOHN'S INTERNATIONAL, INC. 97
- 10.10.1 COMPANY OVERVIEW 97
- 10.10.2 PRODUCTS OFFERED 97
- 10.10.3 KEY DEVELOPMENTS 97
- 10.10.4 SWOT ANALYSIS 98
- 10.10.5 KEY STRATEGY 98