Steep rises in operating costs and falls in footfall seen in the most mature segments – that is, European full-service restaurants and fish full-service restaurants – are set to drive several operators out of business and shutter many outlets. Prospects for 2024 are pessimistic as consumers’ budgets will remain squeezed.
Unlike Greek restaurants that are set to remain under pressure, those offering international cuisines will continue to enjoy better growth opportunities as there is space for new players to enter the market. In the case of North American full-service restaurants, the sector will benefit from the premiumisation trend in the burger market and consumers trading up from burger limited-service restaurants.
While the vegan population remains small in Greece in comparison to other western markets, vegan trends are on the rise and driving growth for other full-service restaurants as more new players focused on a vegan audience enter the market. So far, the number of vegan full-service restaurant outlets is small, with venues found mostly in Athens and Thessaloniki as well as some of the islands targeted to tourists.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Full-Service Restaurants industry in Greece with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Full-Service Restaurants industry in Greece, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Full-Service Restaurants
FSR (full-service restaurants) encompasses all sit-down establishments where the focus is on food rather than on drink. FSR is characterized by table service and a relatively higher quality of food compared to quick-service units. Menus offer multiple selections and may include breakfast, lunch and dinner. Preparation of food products is often complex and involves multiple steps. NOTE: restaurants types catalogued in this segment refer to table-service only (outlets with a proper “full table service:” wait staff attending customers and taking orders at the tables). Outlets with “limited table service” are excluded from FSR. For example: outlets where customers order their food at the counter are excluded (even though the waiter will then bring the food at the table).
See All of Our DefinitionsThis report originates from Passport, our Full-Service Restaurants research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!