Consumer foodservice in 2024: The big picture
Consumer foodservice in New Zealand witnessed marginal transaction growth in 2024 denoting a slight recovery on the previous year. Inflation continued to ease helping to lift consumer confidence, although many consumers still felt the pressure from several years of higher living costs.
2024 key trends
Inflationary pressures continue to be felt by consumers and businesses alike in 2024. Grappling with high costs of living, consumers have less disposable income to spend on eating out or takeaway meals.
Competitive landscape
The competitive landscape is led by international foodservice chains, including McDonald’s, KFC, Burger King and Domino’s Pizza, among others. Frequent expansion and promotional activities are used by these limited-service restaurants throughout the year to maintain foot traffic and drive retail sales.
Independent foodservice developments
The culture of cafés and bars in New Zealand lends itself better to independent foodservice operators. Consumers prefer to get their coffee and other drinks from local and independent businesses, rather than international coffee chains.
What next for consumer foodservice?
Looking forward, the consumer foodservice industry is expected to recover over the next five years as inflation and interest rates stabilise and consumer purchasing power rebounds. Households should have more disposable income to fuel visits at restaurants or get takeaway.
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Overview:
Understand the latest market trends and future growth opportunities for the Consumer Foodservice industry in New Zealand 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 New Zealand, 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 New Zealand 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 New Zealand?
- Which are the leading brands in Consumer Foodservice in New Zealand?
- How are multinational and local operators competing and expanding in New Zealand?
- How are consumer lifestyle trends and eating habits shaping Consumer Foodservice in New Zealand?
- 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 New Zealand? Which of these trends hold the greatest potential demand?
- Where is future growth expected to be most dynamic?
Consumer Foodservice in New Zealand
Consumer foodservice in 2024: The big picture
2024 key trends
Competitive landscape
Independent foodservice developments
What next for consumer foodservice?
DISCLAIMER
Cafés/Bars in New Zealand
KEY DATA FINDINGS
Cafés/bars face tough economic challenges
Consolidation and new entries shake up the café landscape
Bars/pubs embrace community-centric and health-conscious culture
Economic recovery signals promising outlook
Digitalisation as a catalyst for growth
Juice/smoothie bars are poised for further expansion
Full-Service Restaurants in New Zealand
KEY DATA FINDINGS
Restaurant owners endure challenging conditions amidst high inflation
Melting pot of cuisines leads to stronger competition
Employment issues act as a bottleneck to category growth
Full-service restaurants to remain key component of foodservice industry
Dining-in experience is focus for full-service restaurants
Variety of tastes and cuisine to drive innovation
Limited-Service Restaurants in New Zealand
KEY DATA FINDINGS
Slow recovery for limited-service restaurants as consumers remain conservative with spending
Competitive landscape sees little movement as brands look to build loyalty
Limited-service restaurants use value meals to entice more customers
Recovery as consumers are expected to increase spending
Delivery will remain a lucrative channel even though the price barrier remains
Catering to the next big demographic spenders
Self-Service Cafeterias in New Zealand
KEY DATA FINDINGS
Self-service cafeterias reach maturity due to limited scope
Competitive landscape is dominated by independent operators
Minimal customer service presents advantages and disadvantages
Weaker outlook is expected despite economic recovery
Limited fulfilment channels hamper growth potential
Ikea to open first outlet in 2025
Street Stalls/Kiosks in New Zealand
KEY DATA FINDINGS
Influx of food carts support the performance of street stalls
Independent street stalls perform better than chained competitors
Street stalls use delivery services to expand reach and prominence
Steady growth forecasted as consumers start feeling economic relief
Delivery to spearhead growth as consumers are willing and able to pay for convenience
Menu innovation is important as saturation looms
Consumer Foodservice By Location in New Zealand
KEY DATA FINDINGS
Travel locations drive recovery of consumer foodservice
Standalone outlets show signs of recovery
Retail foodservice capitalises on affordability and convenience
Leisure locations poised for robust growth driven by convenience and affordability
Standalone outlets to steadily recover in forecast period
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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