Belgium HRI Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Belgium HRI Market is segmented by Type (Consumer Foodservice (Cafes and Bars, Full-service Restaurants, Fast Food, Pizza Consumer Foodservice, Self-service Cafeterias, 100% Home Delivery/Takeaway, and Street Stalls/Kiosks), Hotels, and Institutional), and by Structure (Independent Outlet, and Chained Outlet).

Market Snapshot

Belgium HRI Market
Study Period: 2016 - 2026
Base Year: 2020
CAGR: 4.1 %

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Market Overview

The Belgium HRI market is projected to grow, witnessing a CAGR of 4.10% during the forecast period (2020-2025).

  • Cafes and bars are playing a major role in the Belgium HRI market due to high popularity of juice/smoothie bars and specialist coffee shops in the country. This is due to increasing demand of consumers toward fresh and healthy ingredients in their beverages, thereby, driving them toward cafes offering beverages made from natural ingredients.
  • Expansion of business through outlet installation or menu advancement, both have contributed the Belgium HRI market. The global chained restaurants are expanding their business in the country owing to the presence of high-income group and growing demand for international fast food, specifically US-based food. For instance, on August 2019, British sandwich chain, Pret A, Manger announced to expand its chains to Belgium with its first two Belgian restaurants locate in Central and South railways of Brussels.

Scope of the Report

The scope of the Belgium HRI market includes segmentation on  the basis of Type and Structure. By type, the market is segmented under Consumer Foodservice, Hotels, and Institutional. The consumer foodservice is further segmented under Cafes and Bars, Full-service Restaurants, Fast Food, Pizza Consumer Foodservice, Self-service Cafeterias, 100% Home Delivery/Takeaway, and Street Stalls/Kiosks. Furthermore, the market is segmented on the basis of structure under Independent Outlet, and Chained Outlet.

By Type
Consumer Foodservice
Cafes and Bars
Full-Service Restaurants
Fast Food
Pizza Consumer Foodservice
Self-Service Cafeterias
100% Home Delivery/Takeaway
Street Stalls/Kiosks
Hotels
Institutional (Catering)
By Structure
Independent Outlet
Chained Outlet

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Key Market Trends

Institutional (Catering) is Projected to Record a Significant Growth

Belgium, being a well-developed country, comprises high-income group together with hectic consumers raising the demand for natural, fresh, balanced, and innovative food daily delivered to their workplace. The institutional catering segment of the country is experiencing an upward thrust in the revenue graph and number of service providers, aided by service providers collaborating with diverse institutional kitchens, including company canteens, restaurants of public institutions, hospitals, educational institutions, etc. The institutional catering segment is projected grow at a CAGR of 4.59% during the forecast period 2020-2025.

belgium-hri-market

Increasing Number Of Establishments In Belgian Market

According to Brussels Horeca Federation, nearly thousand catering outlets were launched in the Brussels region over the last 10 years, an insufficient quantity to fulfill the consumer demand. Besides, decline in the alcohol consumption together with rise of stay-at-home culture has affected the volume sales of alcohol and number of bars. Consequently, the utmost growth opportunities for the pub, club, and bar channel may be focused to tourism hot spots. However, the overall establishments in the HRI industry has witnessed an extensive growth driven by consumer demand and purchasing power.

belgium-hri-market

Competitive Landscape

The key players engaged in HRI market of the Belgium are Yum! Brands, Inc., McDonald's Corporation, Domino's Pizza, Inc., Starbucks Corporation, Restaurant Brands International Inc., Doctor's and others. Notably, McDonald's is the most popular quick-service restaurant among the Belgian consumers.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Consumer Foodservice

        1. 5.1.1.1 Cafes and Bars

        2. 5.1.1.2 Full-Service Restaurants

        3. 5.1.1.3 Fast Food

        4. 5.1.1.4 Pizza Consumer Foodservice

        5. 5.1.1.5 Self-Service Cafeterias

        6. 5.1.1.6 100% Home Delivery/Takeaway

        7. 5.1.1.7 Street Stalls/Kiosks

      2. 5.1.2 Hotels

      3. 5.1.3 Institutional (Catering)

    2. 5.2 By Structure

      1. 5.2.1 Independent Outlet

      2. 5.2.2 Chained Outlet

  6. 6. CONSUMER BEHAVIOR ANALYSIS

    1. 6.1 Socio-Economic Factors

    2. 6.2 Demographic Strengths and Weaknesses

    3. 6.3 Spending Patterns

    4. 6.4 Target Market Identification

  7. 7. COMPETITIVE LANDSCAPE

    1. 7.1 Most Active Companies

    2. 7.2 Most Adopted Strategies

    3. 7.3 Market Share Analysis

    4. 7.4 Company Profiles

      1. 7.4.1 Yum! Brands, Inc.

      2. 7.4.2 McDonald's Corporation

      3. 7.4.3 Domino's Pizza, Inc.

      4. 7.4.4 Starbucks Corporation

      5. 7.4.5 Restaurant Brands International Inc.

      6. 7.4.6 Doctor's Associates Inc.

      7. 7.4.7 Chez Léon

    5. *List Not Exhaustive
  8. 8. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The undefined market is studied from 2016 - 2026.

The undefined is growing at a CAGR of 4.1% over the next 5 years.

McDonald's Corporation , Yum! Brands, Inc., Doctor's Associates Inc., Domino's Pizza, Inc., Restaurant Brands International Inc. are the major companies operating in undefined.

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