Contract caterers are set to benefit as snacking and eating outside the home continue to take a bigger bite out of the nations regular eating occasions.
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One a day? In 2008,
43 billion snacks will
be consumed outside
the home |
A new report from market researcher Datamonitor reveals that an extra three million breakfast, lunch and evening meals will be eaten outside the home by 2008 - more than 35% of all eating occasions.
And food service providers should be able to line their pockets with an extra £5.5b because of the increase. Datamonitor forecasts that the value of the market will increase by 17.5% from £30.5b last year to £36b by 2008.
Snacking is also on the up. By 2008, it will account for 44% of all eating occasions, with the total number of snacks consumed outside of a main meal increasing from 41 billion in 2003 to almost 43 billion in 2008. This means a typical consumer will snack on 27.4 more occasions in 2008 than they did last year.
Source: Caterer & Hotelkeeper magazine, 9 September 2004