Full-service restaurants will continue to recover over the forecast period, with expected healthy growth in constant value (2023 prices) terms. This will be linked to a large extent to the revival of international tourism, with the return of inbound arrivals travellers providing a major contribution to sales.
Health and wellness has emerged as a persistent trend within the consumer foodservice industry, and as such, is expected to remain prominent throughout the forecast period. As consumers pay closer attention their overall wellbeing, they will actively seek out healthier options when dining out.
It should also be noted that consumers are becoming increasingly discerning when it comes dining out. In addition to practical considerations, individuals are placing a greater emphasis on capturing an immersive and memorable experience, which extends beyond the traditional meal concept.
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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.
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