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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 | Nov 2016

Spicing up the menu: Niche restaurants have become increasingly popular in recent years

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
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
£19bn
Annual Growth 12-17
4.8%
Annual Growth 17-22
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Profit
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Employment
535,240
Businesses
30,991
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 - Starting a New Business Chapter

There are no significant barriers to entering this industry, although some operators may struggle to generate the initial capital funds to purchase or lease a suitable site. The industry has many small operators and is highly fragmented. Competition can be fierce, particularly because many restaurants are densely located in small areas like town centres. Increasingly strict regulations for food handling and safety must be recognised and complied with. Meeting these requirements usually requires access to professional staff training programmes.

The level of product differentiation among operators can provide an advantage to some restaurants. Promotions and restaurant branding can reinforce consumer awareness of product differentiation between restaurants... 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 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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