Consumer foodservice in 2024: The big picture
Despite ongoing economic pressures, the Hungarian consumer foodservice market remained resilient in 2024, demonstrating positive growth in current value terms. The country continues to struggle with one of the highest inflation rates in the European Union, affecting both consumers and businesses.
2024 key trends
Although inflation peaked in Hungary 2023, menu prices in the consumer foodservice industry continued to rise in 2024 due to persistent cost pressures. While energy prices have eased from their peak, rising labour costs, higher prices of food ingredients, and operational adjustments, including investments in upgrading facilities and adapting to new regulations, have kept expenses high.
Competitive landscape
The competitive landscape for consumer foodservice in Hungary remained stable in 2024, with no major market entries or exits. This period of consolidation reflects a maturing industry, with both independent and chained operators focusing on strengthening their respective positions after the disruptions of COVID-19 rather than pursuing aggressive expansion.
Independent foodservice developments
Hungary’s consumer foodservice market saw a continued decline in outlet numbers in 2024, especially independent operators. Rising operational costs are squeezing margins, forcing businesses to raise menu prices, despite catering to highly price-sensitive customers.
What next for consumer foodservice?
Hungary’s consumer foodservice market is poised for continued value growth (at constant 2024 prices) over the forecast period, despite ongoing economic challenges. While the immediate effects of COVID-19 have subsided, its long-term impact will continue to influence dining habits and business strategies.
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Overview:
Understand the latest market trends and future growth opportunities for the Consumer Foodservice industry in Hungary 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.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
- Cafés/Bars
- Full-Service Restaurants
- Limited-Service Restaurants
- Self-Service Cafeterias
- Street Stalls/Kiosks
- Consumer Foodservice by Location
If you're in the Consumer Foodservice industry in Hungary, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Consumer Foodservice in Hungary report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Consumer Foodservice in Hungary?
- Which are the leading brands in Consumer Foodservice in Hungary?
- How are multinational and local operators competing and expanding in Hungary?
- How are consumer lifestyle trends and eating habits shaping Consumer Foodservice in Hungary?
- How is the Consumer Foodservice industry adapting to a post-COVID-19 market environment? Where are the opportunities amidst the challenges?
- How significant are health considerations in shaping the future of Consumer Foodservice in Hungary? Which of these trends hold the greatest potential demand?
- Where is future growth expected to be most dynamic?
Consumer Foodservice in Hungary
Consumer foodservice in 2024: The big picture
2024 key trends
Competitive landscape
Independent foodservice developments
What next for consumer foodservice?
DISCLAIMER
Cafés/Bars in Hungary
KEY DATA FINDINGS
Economic pressures and changing consumer habits drive decline in bars and pubs
Independent cafés dominate the market, but hybrid models are gaining ground
Cafés/bars suffer from effects of high inflation
Independents will continue to dominate café landscape
Blend of tradition with modern convenience
“Cake of Hungary” competition highlights role of cafés as industry trendsetters
Full-Service Restaurants in Hungary
KEY DATA FINDINGS
Tourism fuels growth of full-service restaurants amid ongoing challenges
Hungarian restaurants see expanded recognition
TGI Friday’s leaves Budapest
Regulatory changes could benefit full-service restaurants
Dine-in experiences present opportunity to optimise revenues
Pizza Hut unveils new restaurant concept
Limited-Service Restaurants in Hungary
KEY DATA FINDINGS
Players seek to strike balance between affordability and innovation
International chains expand despite economic challenges
Iconic McDonald's outlet is transformed into party hotspot
Market awaits the arrival of fresh international entries, with Five Guys on the horizon
Players will need to balance innovation and affordability
Home delivery services face increased scrutiny
Self-Service Cafeterias in Hungary
KEY DATA FINDINGS
Return to offices drives growth for self-service cafeterias
Independent outlets dominate the market, while chained operators see a decline
IKEA launches exclusive dining promotion for loyalty programme members
Self-service cafeterias will thrive in office districts, with minimal impact from online ordering
Chained self-service cafeterias will remain niche as localised service takes priority
Healthy options to gain traction
Street Stalls/Kiosks in Hungary
KEY DATA FINDINGS
Street stalls/kiosks face ongoing challenges
Lack of new entries for chained operators
Price caps at festivals ensure accessibility
Street stalls/kiosks will see slow recovery
Business model offers potential platform for expansion of established brands
Price caps and budget menus enhance accessibility at events
Consumer Foodservice By Location in Hungary
KEY DATA FINDINGS
Widespread outlet closures across all locations
Regulatory barriers limit new retail investments
Tourism boosts foodservice sales in 2024
Infrastructure development will be essential for foodservice growth
Improving travel infrastructure will drive foodservice performance
Brand positioning will be key factor in sustaining growth
The following categories and subcategories are included:
Consumer Foodservice
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- Chained Consumer Foodservice
- Independent Consumer Foodservice
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- Chained Cafés/Bars
- Independent Cafés/Bars
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- Chained Bars/Pubs
- Independent Bars/Pubs
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- Chained Cafés
- Independent Cafés
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- Chained Juice/Smoothie Bars
- Independent Juice/Smoothie Bars
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- Chained Specialist Coffee and Tea Shops
- Independent Specialist Coffee and Tea Shops
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- Chained Full-Service Restaurants
- Independent Full-Service Restaurants
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- Chained Asian Full-Service Restaurants
- Independent Asian Full-Service Restaurants
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- Chained European Full-Service Restaurants
- Independent European Full-Service Restaurants
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- Chained Latin American Full-Service Restaurants
- Independent Latin American Full-Service Restaurants
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- Chained Middle Eastern Full-Service Restaurants
- Independent Middle Eastern Full-Service Restaurants
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- Chained North American Full-Service Restaurants
- Independent North American Full-Service Restaurants
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- Chained Pizza Full-Service Restaurants
- Independent Pizza Full-Service Restaurants
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- Chained Other Full-Service Restaurants
- Independent Other Full-Service Restaurants
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- Chained Limited-Service Restaurants
- Independent Limited-Service Restaurants
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- Chained Asian Limited-Service Restaurants
- Independent Asian Limited-Service Restaurants
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- Chained Bakery Products Limited-Service Restaurants
- Independent Bakery Products Limited-Service Restaurants
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- Chained Burger Limited-Service Restaurants
- Independent Burger Limited-Service Restaurants
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- Chained Chicken Limited-Service Restaurants
- Independent Chicken Limited-Service Restaurants
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- Chained Convenience Stores Limited-Service Restaurants
- Independent Convenience Stores Limited-Service Restaurants
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- Chained Fish Limited-Service Restaurants
- Independent Fish Limited-Service Restaurants
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- Chained Ice Cream Limited-Service Restaurants
- Independent Ice Cream Limited-Service Restaurants
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- Chained Latin American Limited-Service Restaurants
- Independent Latin American Limited-Service Restaurants
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- Chained Middle Eastern Limited-Service Restaurants
- Independent Middle Eastern Limited-Service Restaurants
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- Chained Pizza Limited-Service Restaurants
- Independent Pizza Limited-Service Restaurants
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- Chained Other Limited-Service Restaurants
- Independent Other Limited-Service Restaurants
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- Chained Self-Service Cafeterias
- Independent Self-Service Cafeterias
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- Chained Street Stalls/Kiosks
- Independent Street Stalls/Kiosks
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- Consumer Foodservice Through Standalone
- Consumer Foodservice Through Leisure
- Consumer Foodservice Through Retail
- Consumer Foodservice Through Lodging
- Consumer Foodservice Through Travel
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- Takeaway Online Ordering
- Takeaway Offline Ordering
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- First-Party Delivery Services
- Third-Party Delivery Services
- Delivery Offline Ordering
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- Drive-Through
- Eat-In
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- Takeaway Online Ordering
- Delivery Online Ordering
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- Takeaway Offline Ordering
- Delivery Offline Ordering
- Drive-Through
- Eat-in
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Consumer Foodservice
Consumer foodservice is composed of cafés/bars, full-service restaurants, limited-service restaurants, self-service cafeterias and street stalls/kiosks.
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This report originates from Passport, our Consumer Foodservice research and analysis database.
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