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Full-Service Restaurants in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Full-Service Restaurants Market Research Report | SIC I56.101 | Jul 2014

In a stew: Operators have struggled with poor demand due to low consumer incomes

IBISWorld’s Full-Service Restaurants market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Gondola Group Limited Gondola Group Limited market share
The Blackstone Group The Blackstone Group market share
The Restaurant Group plc The Restaurant Group plc market share
Whitbread plc Whitbread plc market share
Industry Statistics & Market Size
Revenue
£20bn
Annual Growth 10-15
-2.1%
Annual Growth 15-20
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Profit
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Employment
590,915
Businesses
35,032
Industry Analysis & Industry Trends

The Full-Service Restaurants industry has endured a difficult time over the past five years. The economic downturn caused many consumers to cut back their discretionary spending on activities such as dining out. Some traded down to cheaper takeaway options or chose to cook at home instead. Changes to government regulation and policies concerning wage costs, alcohol tax and food safety have prevented growth. Industry profitability is estimated to have dropped because of declining patronage, falling prices and rising labour and food costs. Several struggling operators have been forced to exit the industry but some have found opportunities to expand their operations... purchase to read more

Industry Report - Industry Analysis Chapter

The economic downturn and changes to government policy have made trading conditions for restaurants extremely challenging over the past five years. Many people have made fewer restaurant visits or traded down to takeaways or supermarket ready meals. Rising food and labour costs and declining alcohol consumption have also taken their toll on the industry, driving down average profit margins. IBISWorld expects industry revenue to contract at a compound annual rate of 2.1% over the five years through 2014-15, reaching £20.1 billion.

A better year ahead

After a difficult period, industry revenue is forecast to return to growth in 2014-15 and rise by 2.2% as economic conditions strengthen... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Full-Service Restaurants Industry?

This industry is comprised of sit-down restaurants where a waiter takes orders at the tables. Restaurants in the industry are licensed to sell alcoholic beverages for consumption on their premises.

Industry Products
Meals for consumption on the premisesAlcoholic beveragesNon-alcoholic beveragesPrivate functions
 
Industry Activities
Providing sit-down mealsServing alcoholic beverages


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