The latest data kindly supplied by Peter Backman of Horizons FS Ltd. for the restaurant sector shows that frozen is worth almost £1.1 billion. The quick service restaurant is much more important to frozen than the full service restaurant sector with 86% of the frozen spend being within the QSR sector.
Despite the onset of the recession in 2009 the number of outlets in these two sectors has grown in 2006. The numbers in fact have grown by 1,800 in the three years to 2009 and a considerable part of the increase has come from sandwich and coffee shops.
Consumers are eating out slightly less often in 2009 compared to 2006. Full service restaurants have suffered a little more than the quick service restaurants with their meal numbers being down 4.1% compared to QSR down by 2.8%.
The share of food within the restaurant sector for frozen is just under 28% and has remained virtually constant for most of the last five years.
If you would like to know more about this sector or delve deeper into the statistics please contact Peter Backman of Horizons FS Ltd. on Tel: 020 8349 0162.
Links:
[1] http://www.bfff.co.uk/sites/default/files/images/list_images/A_Statistics_Image_4.jpg
[2] http://www.bfff.co.uk/sites/default/files/Foodservice_Restaurant_statistics_2006_2009_0.pdf
