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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 | Feb 2017

Fresh ingredients: The growing popularity of alternative cuisine has supported new entrants

The Full-Service Restaurants market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
£19bn
Annual Growth 12-17
5.0%
Annual Growth 17-22
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Profit
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Employment
554,660
Businesses
30,526
Industry Analysis & Industry Trends

The Full-Service Restaurants industry has been recovering strongly over the past five years. Industry performance has been largely influenced by trends in consumer preferences. As disposable income and consumer confidence has recovered, consumers have returned to full-service dining, which has greatly expanded as consumer tastes have become more adventurous. Since the industry returned to its size prior to the 2008 economic crisis, growth has slowed slightly, with revenue increasingly under pressure from the growth of takeaway apps that have drawn customers away from full-service restaurants.

Despite strong growth in the industry, some of the UK's biggest restaurant chains have struggled to expand... purchase to read more

Industry Report - Industry Analysis Chapter

The Full-Service Restaurants industry has returned to strong growth in the five years through 2016-17, following difficult conditions in the wake of the economic downturn. The global economic slowdown led to people visiting restaurants less, with consumers trading down to takeaway or supermarket ready meals. However, from 2011-12 recovering economic conditions helped to draw consumers back to restaurants and increase industry revenue. This continued after 2011-12, with industry revenue increasing by 7.6% in 2012-13 as consumers became less guarded with their spending. Growing demand for new cuisines helped new restaurant brands like Nando’s and Wagamama rapidly grow in popularity. This growth slowed slightly in the following years as industry revenue exceeded its pre-crisis level.

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Industry ProductsRelated ReportsTable of Contents

What is the Full-Service Restaurants Industry?

This industry is comprised of sit-down restaurants where customers are served while seated or serve themselves at a kiosk. This industry includes both licensed and unlicensed restaurants, but not cafes and takeaway establishments.

Industry Products
Meals for consumption on the premisesAlcoholic beveragesNon-alcoholic beveragesPrivate functions
 
Industry Activities
Providing sit-down mealsServing alcoholic beveragesServing non-alcoholic beveragesHosting private functions


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