Industry Analysis
The UK foodservice industry is a robust and high-growth industry. The industry is set to be worth £91.9 billion by the end of 2022. Breakfast still provides an opportunity for growth within the foodservice industry. Over the past couple of decades, the UK has been steadily moving towards the kind of well-established café culture countries such as France and Italy. The quote ’a coffee a day keeps the troubles away’ represents the importance of coffee.
It shows the phenomenon of having a high demand for coffee and the reason why cafes are essential in the UK. Apart from the high demand for coffee, cafés are becoming a “third place” destination for work and socialising. The café industry in the UK is the most dynamic, robust, and innovative.
Two of the main factors contributing to the industrial establishments’ growth are high disposable income and favourable demographics. London is being more befitting in such setting among major cities of UK. Enjoying the lion’s share in coffee shop establishment in the UK with a share of more than 27%.
Hollywood Road in London has the highest concentration of coffee shops, with 24 establishments along the road. This comes with no surprise because London is one of the world’s biggest tourist attractions and a business hub. London Coffee shops are comprised of large chain coffee shops and independent cafés, including boutique coffee shops.
If you wish to set up a food service outlet, it is essential to prepare a thorough business model and plan. Before running a real business, you must know who your competitors will be and learn how to be the unique outlet to excel others. B&F Services helps you understand your market and products to see whether it is feasible with your budget or not. Contact our experts to discuss your idea at +44(0) 203 637 6137 and follow us on social media.
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