Switzerland Foodservice Market Size

Switzerland Foodservice Market Analysis

The Switzerland Foodservice Market size is estimated at 16.60 billion USD in 2024, and is expected to reach 24.77 billion USD by 2029, growing at a CAGR of 8.34% during the forecast period (2024-2029).

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16.60 Billion

Market Size in 2024 (USD)

24.77 Billion

Market Size in 2029 (USD)

2.68 %

CAGR (2017-2023)

8.34 %

CAGR (2024-2029)

Largest Segment by Foodservice Type

36.12 %

value share, Quick Service Restaurants, 2023

Meat-based cuisines and burgers dominate the market. With the rising meat consumption, the segment represented over 68.92% of the total market value in 2022.

Largest Segment by Outlet Type

79.10 %

value share, Independent Outlets, 2023

Locals emphasize unique dining, so restaurateurs provide theme dining with regularly updated menus to reflect the current trends, generating the most traffic in independent outlets.

Fastest-growing segment by Foodservice Type

9.99 %

Projected CAGR, Cloud Kitchen, 2024-2029

The higher rate of internet penetration and the proliferation of online food delivery applications have made cloud kitchens the fastest-growing segment in Switzerland.

Fastest-growing segment by Outlet Type

9.12 %

Projected CAGR, Chained Outlets, 2024-2029

The nation's rapid infrastructural development, strategic expansion, and a strong preference for on-the-go foods provided by global brands boosted the growth of chained outlets.

Leading Market Player

5.23 %

market share, Coop Gruppe Genossenchaft, 2022

It is the market leader due to its large network of more than 235 gastronomy outlets, including restaurants and takeaways, and 658 supermarkets and hypermarkets.

Menu innovations and increased investments in fine-dine restaurants propelling growth

Switzerland Foodservice Industry Segmentation

Cafes & Bars, Cloud Kitchen, Full Service Restaurants, Quick Service Restaurants are covered as segments by Foodservice Type. Chained Outlets, Independent Outlets are covered as segments by Outlet. Leisure, Lodging, Retail, Standalone, Travel are covered as segments by Location.

• The Swiss foodservice market is dominated by quick service restaurants, followed by cafes & bars. The growth of the online foodservice market and the rising immigrant population in the country are the major drivers of the market. In 2021, 39% of the permanent residents had a migration background.
• The FSR market in Switzerland is expected to grow by 8.03%, by value, during the forecast period. The market was driven by the fine-dine restaurants in the country. The food scene of Switzerland, which has many FSR restaurants, exhibits a great deal of regional diversity. This suits the Swiss market, majorly because the country is a prime tourist destination in Europe, especially during July-August when it is high season.
• The cafes & bars sub-segment is anticipated to be the second fastest-growing segment and is projected to register a CAGR of 8.70%, by value, during the forecast period. The growth will be fueled by the rising wine consumption in the country. Wine consumption rose to 255 million liters in 2021, following a decline in alcohol sales in 2020 due to the health crisis. White wine consumption, which rose by 4 million liters to a total of 88.2 million liters, is the main contributor to the growth. On the other hand, the consumption of red wine nearly remained unchanged (+0.8 million liters) and is now at 167 million liters.
• The QSR sub-segment is mainly driven by regional fast food and breakfast options, with cuisines like burgers, ice creams, and pizzas. Fondue is one of the most consumed dishes in the country. It is ever-present in QSR restaurants and consumed at every mealtime. As a result, per-capita cheese consumption is more than 20 kg each year in the country. There are also more than 450 types of cheese in Switzerland.