Over the forecast period, it is expected that big players will emulate the likes of Food Concepts’ brand Pie Xpress and will opt to expand through either a street stall/kiosk or food truck format. These formats allow established brands to increase their footprint across the country, while keeping operating costs to a minimum.
Street stalls/kiosks are predicted to expand sales via online and offline ordering over the forecast period, due to the growing third-party food delivery companies leveraging the high demand of foodservice through increasingly modernised channels. Therefore, a rise in orders through delivering apps, supported by an increase in internet penetration among Nigerian citizens, will enable consumers to easily browse food menus, place orders, and track their deliveries in real time from the comfort of their homes or offices, using their mobile phones.
The recent review period has been challenging for food operators, due to high inflation resulting in high costs of production and operations, notably so when associated with larger format stores. It is therefore anticipated that operators will be seeking better ways to meet the needs of their consumers, at a lower cost and with more efficiency.
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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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