Foodservice growth offers opportunities for dairy

Published 21 June 16

The foodservice market in the UK was worth £48bn in 2015, up 2% on the previous year. According to Horizons research, consumers in the UK are eating out more, and this growth is expected to continue at an annual rate of around 3% over the next five years. Changing habits and tastes have meant there has been a shift away from traditional cafes and fish & chip shops and towards hotels, pub restaurants and fast food outlets. These types of outlets are showing the most growth with food and beverage sales up 2.5%-3.7% between 2014 and 2016.

The top performing foodservice outlets included pizza and pasta restaurants, pub restaurants, coffee shops and sandwich shops. Their growth was tied into the ability to offer products which linked into new trends, such as ‘old favourites with a twist’ or ‘health & wellbeing’. Interestingly, many of the fastest growing small brands included outlets focussing on desserts, pizza, burgers or natural drinks, providing good opportunities for increased dairy consumption.