The Future of Foodservice in Hungary Market - Expected to Grow by 2.5% by 2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 24, 2020--
The “Hungary - The Future of Foodservice to 2023” report has been added to ResearchAndMarkets.com’s offering.
‘Hungary - The Future of Foodservice to 2023’ provides extensive insight and analysis of the Hungarian Foodservice market until 2023 and acts as a vital point of reference for operators or suppliers.
Hungary’s real GDP reached 4.5% in 2018 (up from 2.3% in 2016). Expansionary monetary policy, increasing employment rate and the consequent rise in disposable income are among the major factors driving the growth of the Hungarian economy.
Sales value in the Hungarian profit sector foodservice market rose at a CAGR of 2.4% during 2016-2018, and is forecast to expand marginally to 2.5% by 2023. Although the FSR channel leads the profit sector in terms of sales value, it is also forecast to experience some of the weakest growth rates in transactions and outlets.
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KEYWORD: HUNGARY EUROPE
INDUSTRY KEYWORD: RETAIL RESTAURANT/BAR FOOD/BEVERAGE
SOURCE: Research and Markets
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PUB: 01/24/2020 09:31 AM/DISC: 01/24/2020 09:30 AM