Dublin, November 04, 2021 (GLOBE NEWSWIRE) – The “The Restaurant, Fast Food and Catering Industry in South Africa 2021” the report was added to ResearchAndMarkets.com offer.
This report focuses on the Restaurant, Fast Food, and Catering industry including information on industry size, revenue and market share by type of outlet, developments and operations on securities.
There are profiles of 53 companies including major players such as Famous Brands and Spur Corporation, fast food franchises such as KFC, Simply Asia and Kauai and catering companies such as Bidvest Catering Services and Main Event Catering.
The restaurant, fast food and restaurant industry
Blockages, supply chain constraints, unrest and power cuts have had devastating consequences for the South African restaurant, fast food and catering industry. Forced closings during the hard lockdown and restrictions since, including reduced trading hours, alcohol bans and limits on customer numbers have resulted in continued challenges.
While fast food franchises have been relatively resilient, independent restaurants, coffee shops, and fine dining restaurants have been significantly affected, and the restaurant industry has come to a halt.
Claims and losses
As income leveled off, many restaurants across the country have closed, including some well-known restaurants. Some establishments have filed business interruption claims with insurers due to losses linked to the pandemic. Several insurers have dismissed the claims, arguing that the losses were not caused by local occurrences of a notifiable disease within 40 km of the company’s premises, but by the lockdown, the government’s response and from the general public to the pandemic. The policyholders sued and the Supreme Court of Appeal ruled in favor of the policyholders.
Restaurant and consumer trends
Technology and innovation continue to drive the industry. These include increasingly convenient online ordering options, more delivery options, and dark kitchens, which prepare food orders online at centralized production facilities. Consumer lifestyles, purchasing behaviors and food consumption habits have changed and people are spending more time at home, ordering online, dining at restaurants closer to home, and reducing visits to shopping centers. commercial.
Difficult business conditions have forced restaurants to cut costs, rationalize menus, and use innovative marketing strategies and brand loyalty programs.
Main topics covered:
1. INTRODUCTION
2. DESCRIPTION OF THE INDUSTRY
2.1. Industry value chain
2.2. Geographical position
3. INDUSTRY SIZE
4. STATE OF THE INDUSTRY
4.1. Local
4.1.1. Corporate actions
4.1.2. Regulations
4.1.3. Business development and socio-economic development initiatives
4.2. Africa
4.3. International
5. INFLUENCE FACTORS
5.1. COVID-19[female[feminine
5.2. Troubles
5.3. Government intervention
5.4. Economic environment
5.5. Rising input costs
5.6. Technology, Research and Development (R&D) and Innovation
5.7. Retail developments
5.8. Cyclicality
5.9. Labor resources
5.10. Environmental concerns
5.11. Advertising and Marketing
6. COMPETITION
6.1. Barriers to entry
7. SWOT ANALYSIS
8. OUTLOOK
9. INDUSTRY ASSOCIATIONS
10. REFERENCES
Companies mentioned
- Adega Restaurants CC
- Air Chefs (SOC) Ltd
- Anat Foods (Pty) Ltd
- Andiccio 24 Headquarters CC
- Applecart Properties 42 (Pty) Ltd
- Bidvest Catering Services (Pty) Ltd
- Burger Bistro Franchising (Pty) Ltd
- Chickenland (Pty) Ltd
- CSG Food Solutions (Pty) Ltd
- Dulce Milkwood (Pty) Ltd
- Eclectic Brands (Pty) Ltd
- Empact Group (Pty) Ltd
- Famous Brands Ltd
- Feedem Group (Pty) Ltd
- Fournews Developments (Pty) Ltd
- Golden Fried Chicken (Pty) Ltd
- Placements Grand Parade Ltée
- Hentiq 2517 (Pty) Ltd
- Hot Dog Cafe (Pty) Ltd
- Hungry Lion Fast Foods (Pty) Ltd
- Imperium Franchise Holdings (Pty) Ltd
- Kauai Juice (Pty) Ltd
- KFC (Pty) Ltd
- King Pie Holdings (Pty) Ltd
- KK Donuts SA (Pty) Ltd
- Krugkor Franchise (Pty) Ltd
- Laudian Franchise Management One (Pty) Ltd
- Le Fera (Pty) SA
- Main Event Catering (Pty) Ltd
- Mochachos Franchise Management (Pty) Ltd
- MSA Devco (Pty) Ltd
- OBC Group (Pty) Ltd
- Ocean Basket Franchise Company (Pty) Ltd
- Open Food Group (Pty) Ltd
- By-Air (Pty) Ltd
- Pie City Holdings (Pty) Ltd
- Pizza Hut (Pty) Ltd
- Primi World (Pty) Ltd
- Retsol (Pty) Ltd stores
- Roman’s Pizza (Pretoria) (Pty) Ltd
- Baron Franchise CC Sandwich
- Seattle Coffee Company (South Africa) (Pty) Ltd
- Simply Asia Franchise Holdings (Pty) Ltd
- Sodexo Southern Africa (Pty) Ltd
- Source Food Catering and Events (Pty) Ltd
- Spur Corporation Ltd
- Streamline Brands (Pty) Ltd
- Sumptuous Caterers (Pty) Ltd
- Tsebo Solutions Group (Pty) Ltd
- See Rock Trading (Pty) Ltd
- Why Cook (Pty) Ltd
- Wiesenhof Coffee Roastery (Pty) Ltd
- Xantium Trading 471 (Pty) Ltd
For more information on this report, visit https://www.researchandmarkets.com/r/28cfon
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