Luxury Foodservice in the US

December 2021 | 15 pages | ID: LA3639CFA05EN
Euromonitor International Ltd

Abstracts

Prior to the pandemic, especially from 2015 to 2018, luxury foodservice boomed across the world, including in the US, as luxury labels saw the growing importance of creating experiences and memories amongst gen Z and millennial consumers. Luxury foodservice played an increasingly crucial role in attracting consumers to brands and introducing brand culture until the outbreak of COVID-19. Amidst the pandemic, this category experienced a significant decline in sales in 2020, although with the wides...

Euromonitor International's Luxury Foodservice in USA report offers a comprehensive guide to the size and shape of the Luxury Foodservice market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Foodservice retailing along with the development of consumers’ shopping patterns. Forecasts to 2025 illustrate how the market is set to change

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Luxury Foodservice market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

LUXURY FOODSERVICE IN THE US
KEY DATA FINDINGS
2021 DEVELOPMENTS
Lifting of indoor dining restrictions drives up luxury foodservice sales
Low capability to adopt digital technology is an obstacle to recovery
PROSPECTS AND OPPORTUNITIES
International travel restrictions will continue to prevent tourists from visiting restaurants
Recovery will remain slow over the forecast period
CATEGORY DATA
Table 1 Sales in Luxury Foodservice: Value 2016-2021
Table 2 Sales in Luxury Foodservice: % Value Growth 2016-2021
Table 3 NBO Company Shares in Luxury Foodservice: % Value 2016-2020
Table 4 LBN Brand Shares in Luxury Foodservice: % Value 2017-2020
Table 5 Forecast Sales in Luxury Foodservice: Value 2021-2026
Table 6 Forecast Sales in Luxury Foodservice: % Value Growth 2021-2026
LUXURY GOODS IN THE US
EXECUTIVE SUMMARY
Luxury goods in 2021: The big picture
2021 key trends
Competitive landscape
Retailing developments
What next for luxury goods?
MARKET DATA
Table 7 Sales of Luxury Goods by Category: Value 2016-2021
Table 8 Sales of Luxury Goods by Category: % Value Growth 2016-2021
Table 9 Inbound Receipts for Luxury Goods by Country of Origin: Value 2016-2021
Table 10 NBO Company Shares of Luxury Goods: % Value 2016-2020
Table 11 LBN Brand Shares of Luxury Goods: % Value 2017-2020
Table 12 Distribution of Luxury Goods by Format and Category: % Value 2021
Table 13 Forecast Sales of Luxury Goods by Category: Value 2021-2026
Table 14 Forecast Sales of Luxury Goods by Category: % Value Growth 2021-2026
DISCLAIMER
SOURCES
Summary 1 Research Sources