Full-Service Restaurants in Nigeria

Abstract
While there was double-digit current value growth, constant value sales actually fell and there were only a few restaurant openings, as continuing soaring inflation hit consumer purchasing power in 2022 and also squeezed profit margins. The Nigerian oil industry did not benefit as much as it could from elevated global oil prices as output was low due to infrastructure deficiencies and on the other hand, the economy was negatively impacted by elevated global gas and food prices. In addition, the...

Euromonitor International's Full-Service Restaurants in Nigeria report offers a comprehensive guide to the size and shape of the market at a national level. It provides foodservice sales, the number of outlets and the number of transactions by sector, allowing you to identify the foodservice sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they eating habits, lifestyle changes, tourism spending or legislative issues. Forecasts to 2027 illustrate how the market is set to change.

Product coverage: Chained Full-Service Restaurants, Full-Service Restaurants by Type, Independent Full-Service Restaurants.

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

Why buy this report?
* Get a detailed picture of the Full-Service Restaurants 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.

Content
Full-Service Restaurants in Nigeria
February 2023

List Of Contents And Tables

FULL-SERVICE RESTAURANTS IN NIGERIA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Constant values sales decline leads to profit margin squeeze
Digitalisation continues to reshape the channel
Full-service restaurants channel remains beyond purchasing power of many consumers
PROSPECTS AND OPPORTUNITIES
Ongoing consumer caution
High-end African cuisine increasingly popular
Full-service restaurants players face competition from limited-service restaurants
CATEGORY DATA
Table 1 Full-Service Restaurants by Category: Units/Outlets 2017-2022
Table 2 Sales in Full-Service Restaurants by Category: Number of Transactions 2017-2022
Table 3 Sales in Full-Service Restaurants by Category: Foodservice Value 2017-2022
Table 4 Full-Service Restaurants by Category: % Units/Outlets Growth 2017-2022
Table 5 Sales in Full-Service Restaurants by Category: % Transaction Growth 2017-2022
Table 6 Sales in Full-Service Restaurants by Category: % Foodservice Value Growth 2017-2022
Table 7 Forecast Full-Service Restaurants by Category: Units/Outlets 2022-2027
Table 8 Forecast Sales in Full-Service Restaurants by Category: Number of Transactions 2022-2027
Table 9 Forecast Sales in Full-Service Restaurants by Category: Foodservice Value 2022-2027
Table 10 Forecast Full-Service Restaurants by Category: % Units/Outlets Growth 2022-2027
Table 11 Forecast Sales in Full-Service Restaurants by Category: % Transaction Growth 2022-2027
Table 12 Forecast Sales in Full-Service Restaurants by Category: % Foodservice Value Growth 2022-2027
CONSUMER FOODSERVICE IN NIGERIA
EXECUTIVE SUMMARY
Consumer foodservice in 2022: The big picture
2022 key trends
Competitive landscape
Independent foodservice developments
What next for consumer foodservice?
MARKET DATA
Table 13 Units, Transactions and Value Sales in Consumer Foodservice 2017-2022
Table 14 Units, Transactions and Value Sales in Consumer Foodservice: % Growth 2017-2022
Table 15 Consumer Foodservice by Independent vs Chained by Type: Units/Outlets 2022
Table 16 Consumer Foodservice by Independent vs Chained: % Foodservice Value 2017-2022
Table 17 Sales in Consumer Foodservice by Eat-In vs Delivery and To-Go: % Foodservice Value 2017-2022
Table 18 Sales in Consumer Foodservice by Food vs Drink Split: % Foodservice Value 2017-2022
Table 19 Sales in Consumer Foodservice by Food vs Drink Split by Type: % Foodservice Value 2022
Table 20 Sales in Consumer Foodservice by Online/Offline Ordering: % Foodservice Value 2017-2022
Table 21 Sales in Consumer Foodservice by Location: % Foodservice Value 2017-2022
Table 22 GBO Company Shares in Chained Consumer Foodservice: % Foodservice Value 2018-2022
Table 23 GBN Brand Shares in Chained Consumer Foodservice: % Foodservice Value 2019-2022
Table 24 GBN Brand Shares in Chained Consumer Foodservice: Units/Outlets 2022
Table 25 Forecast Units, Transactions and Value Sales in Consumer Foodservice 2022-2027
Table 26 Forecast Units, Transactions and Value Sales in Consumer Foodservice: % Growth 2022-2027
DISCLAIMER
SOURCES
Summary 1 Research Sources