Russia Foodservice Market Size

Statistics for the 2023 & 2024 Russia Foodservice market size, created by Mordor Intelligence™ Industry Reports. Russia Foodservice size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Russia Foodservice Industry

Single User License
Team License
Corporate License
Book before:
Russia Foodservice Market Summary
share button
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 5.20 %
Market Concentration Low

Major Players

Russia Foodservice Market Major Players

*Disclaimer: Major Players sorted in no particular order

setting-icon

Need a report that reflects how COVID-19 has impacted this market and its growth?

Single User License

OFF

Team License

OFF

Corporate License

OFF
Book before:

Russian Foodservice Market Analysis

Russia's food service market is expected to witness a CAGR of 5.2% in the upcoming five years.

  • Over the medium term, consumer demand for different delicacies may foster the market's growth. With increasing busy schedules and rising household budgets, consumers are willing to taste a variety of non-native food recipes and novel cuisines, resulting in increasing demand for out-of-home food in the country. Restaurants offer diversified and dedicated cuisine types that attract consumers to visit frequently. Moreover, the growing promotional offers like happy hours and coupon discounts drive market sales. These services are especially given or offered on breakfasts, lunches, and dinners on an occasional basis to attract consumers to visit frequently.
  • The increasing number of fast-food chains, cafes/bars, and other restaurants with unique, innovative formats, concepts, and services/delivery options also positively drives the market's growth. Consumers visit these food service establishments for food and to hang out with peers and their companions. This encourages the players in the market to decorate or install 'Instagrammable' and unique themes at their restaurants and retail food establishments, thus, attracting the consumers to visit these places for their ambiance.

Russian Food Service Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)