As the Israel-Hamas War is ongoing, with no end in sight, the street stalls/kiosks channel is expected to struggle in 2024. Moreover, once the war ends, the country will have to deal with considerable economic fallout, as the economy has been negatively impacted by the war.
The market is expected to recover by the end of the forecast period. After the war ends, the economy is expected to take some time to recover, with the consumer foodservice market slowly recovering along with the economy.
One of the major factors expected to spur growth in the number of outlets present in street stalls/kiosks in the latter part of the forecast period is set to be the low start-up costs and low barriers to entry in the channel. With fairly limited investment required to establish these types of businesses, certainly in comparison with other types of consumer foodservice outlets, it can be expected that numerous new players will enter the channel during the forecast period.
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Street Stalls/Kiosks
Small, sometimes mobile, foodservice providers characterised by a limited product offering and by low prices. Includes street stalls, street hawkers and foodservice kiosks where food is prepared in some way and served through a hatch or over a display counter to take away. Also includes kiosks and carts located externally or internally eg in shopping malls etc. As a rule, street stalls/kiosks outlets tend to be smaller than 100% home delivery/takeaway outlets, while menus are more limited, often (though certainly not always) with a greater emphasis on snack items, rather than full meals.
See All of Our DefinitionsThis report originates from Passport, our Street Stalls/Kiosks research and analysis database.
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