Market Size of France HRI Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 2.01 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
France HRI Market Analysis
The France HRI market is projected to register a CAGR of 2.01% during the forecast period.
- The market has witnessed a significant impact due to the COVID-19 impact. The country's government set various guidelines, including the closure of cafes, bars, fast food restaurants, hotels, cafeterias, and others, along with restrictions on social movements in the country to curb the situation, which in turn affected the industry.
- Moreover, the country has gone through multiple lockdowns, and only home delivery or takeaway was allowed, which furth impacted the market sales. Most players adapted quickly to offer takeaway, home delivery, and" click and collect" options to mitigate their losses and maintain the market's growth.
- The market is primarily driven by the increasing inclination and investment toward technological developments, such as robotics, the Internet of Things (IoT), blockchain, and others, and is simplifying the food industry in France. Market players are incorporating these technologies to enhance the operation of their kitchens.
- For instance, in January 2022, PAZZI, a kitchen software and robotics start-up based in France, launched a fully automated kitchen solution for the food and beverage industry. The new solution is based on fully automated procedures performed by robotics.
- Moreover, food service establishments are developing a customer-centric approach or strategies to increase the repetitive orders from them. Personalization, indulgence toward healthy eating habits, and reduced food wastage have become some of the major concentration points for restaurants and other foodservice organizations.
France HRI Industry Segmentation
The HRI (Hotel, Restaurant, and Institution) food service industry is responsible for offering meals to customers. The HRI industry depends on disposable income, leisure time, and complete customer satisfaction.
The France HRI market has been segmented by type and by structure. By type, the market is segmented into consumer foodservice, hotels, and institutional (catering), where the consumer foodservice segment is further bifurcated into cafes and bars, full-service restaurants, fast food restaurants, pizza consumer food service, self-service cafeterias, 100% home delivery/takeaway, and street stalls/kiosks. By structure, the market is segmented into independent and chained outlets.
For each segment, the market sizing and forecasts have been done based on value (in USD million).
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| Institutional (Catering) |
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| Independent Outlet | |
| Chained Outlet |
France HRI Market Size Summary
The France HRI market is experiencing a gradual recovery and is expected to grow steadily over the forecast period. The industry faced significant challenges due to the COVID-19 pandemic, which led to the closure of various food service establishments and restrictions on social movements. This prompted market players to adapt by offering takeaway and home delivery options to sustain operations. The market's growth is primarily driven by technological advancements, such as robotics and IoT, which are being integrated into food service operations to enhance efficiency and customer experience. The rise of cloud kitchens and the increasing popularity of online food delivery services are further propelling the market, as consumers seek the convenience of enjoying restaurant-quality food at home.
Consumer preferences in France are shifting, with a growing inclination towards fast food and convenient dining options, particularly among younger demographics like millennials and Gen Z. This shift is supported by a busy lifestyle that favors quick and easy meal solutions. The market is characterized by intense competition, with both international and domestic players vying for market share through strategic expansions, partnerships, and product innovations. The presence of major brands and the entry of new players are contributing to a dynamic market landscape, with companies like Popeyes and KFC expanding their footprints in France. These developments underscore the evolving nature of the French HRI market, driven by changing consumer habits and technological integration.
France HRI Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Consumer Foodservice
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2.1.1.1 Cafes and Bars
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2.1.1.2 Full-service Restaurants
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2.1.1.3 Fast Food
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2.1.1.4 Pizza Consumer Foodservice
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2.1.1.5 Self-service Cafeterias
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2.1.1.6 100% Home Delivery/Takeaway
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2.1.1.7 Street Stalls/Kiosks
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2.1.2 Hotels
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2.1.3 Institutional (Catering)
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2.2 Structure
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2.2.1 Independent Outlet
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2.2.2 Chained Outlet
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France HRI Market Size FAQs
What is the current France HRI Market size?
The France HRI Market is projected to register a CAGR of 2.01% during the forecast period (2024-2029)
Who are the key players in France HRI Market?
Agapes Restauration, Yum! Brands, Inc., McDonald's Corporation, Groupe Bertrand and Groupe Le Duff are the major companies operating in the France HRI Market.
