Just Published: "Full-Service Restaurants in Hungary"

In 2014, there were four full-service restaurants with Michelin stars. These highly committed restaurateurs with professional chefs set a high standard that influences other restaurants. There is greater focus on quality meals, decor and creativity in the kitchen. Full-service restaurants compete with street food and buffet restaurants in the gastro revolution in Hungary: a professional attitude, contemporary design and brand building are essential tools in the restaurant business. An increasing number of gastro bloggers write reviews and share their experiences and photos via social media, which serves as a new source of publicity for players in the category.

Competitive Landscape

Full-service restaurants is fragmented, with only 17 chained outlets in 2014, most of which are local affiliates of international operators running only one or two outlets in Budapest. Hard Rock Café, run by Bigosz Kft, remained the leader with 1% of total foodservice value sales as its flagship outlet in downtown Budapest attracts many foreign tourists.

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Industry Prospects

Full-service restaurant outlets are expected to remain significant players in the gastro revolution. This is driven by consumers seeking new, exciting tastes and entrepreneurs introducing new concepts. The availability of more affordable but quality menus for weekdays – even at fine-dining restaurants – is expected to increase to encourage consumers to eat out.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Full-Service Restaurants industry in Hungary with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Full-Service Restaurants industry in Hungary, our research will save you time and money while empowering you to make informed, profitable decisions.

The Full-Service Restaurants in Hungary market research report includes:

* Analysis of key supply-side and demand trends
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Full-Service Restaurants in Hungary?
* What are the major brands in Hungary?
* What cuisine type (Latin American, Asian, North American etc.) is most popular in full-service restaurants in Hungary?
* How prevalent is casual dining in Hungary and how is this category expected to grow over the next five years?

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