PROSPECTS AND OPPORTUNITIES
Steady growth forecasted as consumers start feeling economic relief
With economic conditions expected to improve over the next five years, street stalls/kiosks is predicted to witness steady growth. Consumers should be able to increase their discretionary spending on things like takeaway food or dining out more frequently.
Delivery to spearhead growth as consumers are willing and able to pay for convenience
Whilst the growth of delivery has been impacted by the cost of living crisis and higher delivery fees/mark-ups, this issue is expected to be less of a concern as the economy improves. When they are financially able, consumers are willing to incur extra costs for the convenience of delivery, and this can be leveraged by street stalls or kiosks.
Menu innovation is important as saturation looms
With the number of street stalls expected to steadily increase over the next five years, operators should be concerned about saturation and how they can remain a standout player. Unique menu choices that cannot be found elsewhere provide a chance to create competitive advantage, either through local adaptation of a viral or global food trend, or simply by creating something innovative.
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Overview:
Understand the latest market trends and future growth opportunities for the Street Stalls/Kiosks 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.
If you're in the Street Stalls/Kiosks 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 Street Stalls/Kiosks 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 Street Stalls/Kiosks in New Zealand?
- Which are the leading brands in Street Stalls/Kiosks in New Zealand?
- How are multinational and local operators competing and expanding in New Zealand?
- How are consumer lifestyle trends and eating habits shaping Street Stalls/Kiosks in New Zealand?
- How is the Street Stalls/Kiosks 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 Street Stalls/Kiosks in New Zealand? Which of these trends hold the greatest potential demand?
- Where is future growth expected to be most dynamic?
Street Stalls/Kiosks in New Zealand - Category analysis
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 in New Zealand - Industry Overview
Consumer foodservice in 2024: The big picture
2024 key trends
Competitive landscape
Independent foodservice developments
What next for consumer foodservice?
DISCLAIMER
The following categories and subcategories are included:
Street Stalls/Kiosks
- Chained Street Stalls/Kiosks
- Independent Street Stalls/Kiosks
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 definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Street Stalls/Kiosks research and analysis database.
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