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Yahoo
30-05-2025
- Business
- Yahoo
South Korea Foodservice Market Outlook to 2029, with Focus on BHC, Isaac Toast, Nonghyup Mokwoochon, Yum! Brands, Bon IF, Bloomin' Brands, Nolboo, Dayoung F&B, Inspire Brands, Anne House & Beer Barket
Explore the South African foodservice market with our comprehensive report, offering in-depth consumer insights, trend analysis, and channel performance evaluation. Discover key player strategies and market forecasts (2024-29) to navigate evolving demands. Optimize your strategy with valuable data and insights. Dublin, May 30, 2025 (GLOBE NEWSWIRE) -- The "South Korea - The Future of Foodservice to 2029" report has been added to report provides an in-depth evaluation of the South Korean foodservice market, including analysis of the key issues impacting on the industry. This report includes: Consumer insight and analysis to provide a clear view of prevailing need states, trends and demands of consumers, including segmentation analysis and channel preference, all fully supported by comprehensive market data and occasions and locations analytics. In-depth analysis of channel performance, both profit and cost sector, detailing the winning formats, with supporting analysis to provide comprehensive understanding of the reasons behind success and failure. For each of four key profit sector channels - QSR, FSR, coffee & tea shops and pubs, clubs & bars, a deep dive into the 'who', 'why', 'what', 'where' and 'what next'. Analysis of major market player performance, and how each player is meeting the needs of consumers and dealing with changing market demands, with supporting case studies on key menu, service and format innovations. Market Highlights The foodservice profit sector generated revenue of KRW148.7 trillion ($110.6 billion) value in 2024, recording a modest CAGR of 1.3% during 2019-24. Owing to a weak consumer sentiment, the number of transactions and outlet count registered a drop during the period. FSR was the largest channel in South Korea in 2024, accounting for a 55.8% share of total sales, followed by QSR with 12%. Supported by incoming tourists, the pub, club & bar channel recorded the highest CAGR at 3.8% during 2019-24. During 2024-29, the profit sector in South Korea will register a value CAGR of 3.9%. The number of transactions will register a CAGR of 1.9%, and the number of outlets will post a CAGR of 0.6%. The FSR channel is expected to register the highest value CAGR during 2024-29, at 4.2%. Report Scope Understanding the wider economic and social trends within a country; key to providing background when looking into a specific industry. Profit sector channels: A number of foodservice channels have been grouped together to form the "profit sector"; these include accommodation, leisure, restaurants, retail, travel, workplace, and pub, club & bar. This section will first go through overall trends in the sector, then "deep dive" into each of the four key channels. These channels are QSR, FSR, coffee & tea shop, and pub, club & bar. The report structure for each of these channels is explained below. Cost sector channels: A number of foodservice channels have been grouped together to form the "cost sector"; these include education, healthcare, military & civil defense, and welfare & services. This sector typically represents the state's foodservice operators. This section of the report will go through overall trends in the sector. Profit sector sub-sections - QSR, FSR, coffee & tea shop, and pub, club & bar: For each of these key profit sector channels, this report will "deep dive" into the performance of the channel. This will follow a summary of the channel, which will encapsulate everything within the section. The report section will then cover historic and forecast growth/decline; key players within the channel; consumer segment analysis; and a "who", "why", "what", and "where" analysis (including, for some channels, case studies to bring key discussion points to life). It will finish with a look into the key drivers of future performance. Cost sector: For the overall cost sector channel, this report will provide an overview of the performance of the channel. The report section will cover historic and forecast growth/decline and will finish with a look into the data and channel share breakdown. Reasons to Buy Specific forecasts of the foodservice market over the next five years (2024-29) will give readers the ability to make informed business decisions through identifying emerging/declining markets. Consumer segmentation detailing the desires of known consumers among all major foodservice channels (QSR, FSR, and coffee & tea shop) will allow readers understand the wants and needs of their target demographics. Key Topics Covered: Executive Summary Macroeconomic Context Macroeconomic Overview Trends Landscape Profit Sector - Consumer Behavior Profit Sector Metrics Key Metric Highlights Value Share and Growth by Channel Outlets and Transactions Growth by Channel Operator Buying Volumes and Growth by Channel Channel Historic and Future Growth Dynamics Outlet-Type and Owner-Type Growth Dynamics Profit Sector by Channel Quick-Service Restaurant (QSR) Full-Service Restaurant (FSR) Coffee & Tea Shop Pub, Club & Bar Cost Sector Metrics Cost Operator Trends - Historic and Future Growth Data and Channel Share Breakdown Company Coverage: BHC McDonald's Restaurant Brands International Isaac Toast Nonghyup Mokwoochon Yum! Brands Bon IF Bloomin' Brands Nolboo Dayoung F&B Starbucks The Carlyle Group Inspire Brands Anne House Ediya Coffee Into Food Industry Baesang Cotton Beer Barket For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Yahoo
30-05-2025
- Business
- Yahoo
South Korea Foodservice Market Outlook to 2029, with Focus on BHC, Isaac Toast, Nonghyup Mokwoochon, Yum! Brands, Bon IF, Bloomin' Brands, Nolboo, Dayoung F&B, Inspire Brands, Anne House & Beer Barket
Explore the South African foodservice market with our comprehensive report, offering in-depth consumer insights, trend analysis, and channel performance evaluation. Discover key player strategies and market forecasts (2024-29) to navigate evolving demands. Optimize your strategy with valuable data and insights. Dublin, May 30, 2025 (GLOBE NEWSWIRE) -- The "South Korea - The Future of Foodservice to 2029" report has been added to report provides an in-depth evaluation of the South Korean foodservice market, including analysis of the key issues impacting on the industry. This report includes: Consumer insight and analysis to provide a clear view of prevailing need states, trends and demands of consumers, including segmentation analysis and channel preference, all fully supported by comprehensive market data and occasions and locations analytics. In-depth analysis of channel performance, both profit and cost sector, detailing the winning formats, with supporting analysis to provide comprehensive understanding of the reasons behind success and failure. For each of four key profit sector channels - QSR, FSR, coffee & tea shops and pubs, clubs & bars, a deep dive into the 'who', 'why', 'what', 'where' and 'what next'. Analysis of major market player performance, and how each player is meeting the needs of consumers and dealing with changing market demands, with supporting case studies on key menu, service and format innovations. Market Highlights The foodservice profit sector generated revenue of KRW148.7 trillion ($110.6 billion) value in 2024, recording a modest CAGR of 1.3% during 2019-24. Owing to a weak consumer sentiment, the number of transactions and outlet count registered a drop during the period. FSR was the largest channel in South Korea in 2024, accounting for a 55.8% share of total sales, followed by QSR with 12%. Supported by incoming tourists, the pub, club & bar channel recorded the highest CAGR at 3.8% during 2019-24. During 2024-29, the profit sector in South Korea will register a value CAGR of 3.9%. The number of transactions will register a CAGR of 1.9%, and the number of outlets will post a CAGR of 0.6%. The FSR channel is expected to register the highest value CAGR during 2024-29, at 4.2%. Report Scope Understanding the wider economic and social trends within a country; key to providing background when looking into a specific industry. Profit sector channels: A number of foodservice channels have been grouped together to form the "profit sector"; these include accommodation, leisure, restaurants, retail, travel, workplace, and pub, club & bar. This section will first go through overall trends in the sector, then "deep dive" into each of the four key channels. These channels are QSR, FSR, coffee & tea shop, and pub, club & bar. The report structure for each of these channels is explained below. Cost sector channels: A number of foodservice channels have been grouped together to form the "cost sector"; these include education, healthcare, military & civil defense, and welfare & services. This sector typically represents the state's foodservice operators. This section of the report will go through overall trends in the sector. Profit sector sub-sections - QSR, FSR, coffee & tea shop, and pub, club & bar: For each of these key profit sector channels, this report will "deep dive" into the performance of the channel. This will follow a summary of the channel, which will encapsulate everything within the section. The report section will then cover historic and forecast growth/decline; key players within the channel; consumer segment analysis; and a "who", "why", "what", and "where" analysis (including, for some channels, case studies to bring key discussion points to life). It will finish with a look into the key drivers of future performance. Cost sector: For the overall cost sector channel, this report will provide an overview of the performance of the channel. The report section will cover historic and forecast growth/decline and will finish with a look into the data and channel share breakdown. Reasons to Buy Specific forecasts of the foodservice market over the next five years (2024-29) will give readers the ability to make informed business decisions through identifying emerging/declining markets. Consumer segmentation detailing the desires of known consumers among all major foodservice channels (QSR, FSR, and coffee & tea shop) will allow readers understand the wants and needs of their target demographics. Key Topics Covered: Executive Summary Macroeconomic Context Macroeconomic Overview Trends Landscape Profit Sector - Consumer Behavior Profit Sector Metrics Key Metric Highlights Value Share and Growth by Channel Outlets and Transactions Growth by Channel Operator Buying Volumes and Growth by Channel Channel Historic and Future Growth Dynamics Outlet-Type and Owner-Type Growth Dynamics Profit Sector by Channel Quick-Service Restaurant (QSR) Full-Service Restaurant (FSR) Coffee & Tea Shop Pub, Club & Bar Cost Sector Metrics Cost Operator Trends - Historic and Future Growth Data and Channel Share Breakdown Company Coverage: BHC McDonald's Restaurant Brands International Isaac Toast Nonghyup Mokwoochon Yum! Brands Bon IF Bloomin' Brands Nolboo Dayoung F&B Starbucks The Carlyle Group Inspire Brands Anne House Ediya Coffee Into Food Industry Baesang Cotton Beer Barket For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
18-05-2025
- Business
- Time of India
IIT-Bhilai signs 2 MoUs with govt to boost heritage research & sustainable tourism
Raipur: The Indian Institute of Technology (IIT) Bhilai has signed two Memorandums of Understanding (MoUs) with the Chhattisgarh govt to incubate socially relevant research for the holistic development of the state. The MoUs were signed with the directorate of archaeology, archives and museums, govt of Chhattisgarh, and the Chhattisgarh tourism board. The ceremony took place in the auditorium of the Mahant Ghasidas Memorial Museum at Raipur, on the first day of a three-day national seminar titled The Future of Museums in Rapidly Changing Communities, organised by the govt. The MoU with the directorate of archaeology envisions documentation of protected and unprotected historical sites and monuments in Chhattisgarh. It also includes building a knowledge repository in the form of a library and XR museum highlighting Chhattisgarh's history and heritage at IIT Bhilai , and establishing a faculty chair in heritage studies at IIT Bhilai to attract top global talent. The MoU with the Chhattisgarh Tourism Board envisages incubation of research on augmenting Chhattisgarh's tourism potential in line with the Sustainable Development Goals (SDGs). This includes the development of destination management plans for tourist destinations in Chhattisgarh and performing impact assessments to understand the potential effects of tourism on the local communities, ecosystems, and cultural heritage sites in the states. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch Bitcoin và Ethereum - Không cần ví! IC Markets BẮT ĐẦU NGAY Undo The MoUs were signed by Vivek Acharya, IFS, Director of the Directorate of Archaeology, Archives, and Museums, and managing director of the Chhattisgarh Tourism Board, and Prof Santosh Biswas, dean, R&D, IIT Bhilai, in the presence of Prof Rajiv Prakash, director, IIT Bhilai. Speaking on the occasion, Prof Prakash said that IIT Bhilai is proud to strengthen its ties with the Chhattisgarh govt towards realising the shared aim of Viksit Bharat 2047. He informed that an interdisciplinary research centre, the Centre for Culture, Language, and Traditions, has been established at IIT Bhilai to catalyse research in cultural heritage, janjatiya knowledge, and indigenous livelihood. The Centre is working to take forward the institutes mandate of action-oriented research for the benefit of the people of Chhattisgarh. Acharya affirmed that the Chhattisgarh government is happy to have IIT Bhilai as a committed stakeholder in the development of Chhattisgarh, noting the synergies between history, culture, and technology.
Barnama
17-05-2025
- Business
- Barnama
Tiada Keupayaan Menilai Dan Fikiran Kritis, AI Tidak Mampu Ganti Tugas Manusia
Pengurus Kanan Latihan Teknikal Keselamatan Siber, Blackberry CCoE, Jaclyn Sim pada sesi dialog mengenai "The Future of Connectivity: Advancing Digital Inclusion Through Transformative Technologies" di Cyberview Resort. --fotoBERNAMA (2025) HAK CIPTA TERPELIHARA
Time of India
17-05-2025
- Business
- Time of India
IIT Bhilai partners with Chhattisgarh govt to enhance cultural heritage & tourism research
Vivek Acharya(R), Director of the Directorate of Archaeology, Archives, and Museums, and Managing Director of the Chhattisgarh Tourism Board, and Prof Rajiv Prakash, Director, IIT Bhilai RAIPUR: The Indian Institute of Technology (IIT) Bhilai has signed two Memorandums of Understanding (MoUs) with the Chhattisgarh government to incubate socially relevant research for the holistic development of the state. The MoUs were signed with the Directorate of Archaeology, Archives and Museums, Government of Chhattisgarh, and the Chhattisgarh Tourism Board. The signing ceremony took place in the auditorium of the Mahant Ghasidas Memorial Museum in Raipur, on the first day of a three-day national seminar titled The Future of Museums in Rapidly Changing Communities, organised by the Government of Chhattisgarh. The MoU with the Directorate of Archaeology, Archives and Museums outlines the documentation of protected and unprotected historical sites and monuments in Chhattisgarh. It also includes the creation of a knowledge repository in the form of a library and an XR museum highlighting Chhattisgarh's history and heritage at IIT Bhilai . Additionally, it proposes the establishment of a faculty chair in heritage studies at IIT Bhilai to attract top global talent. The MoU with the Chhattisgarh Tourism Board aims to support research on enhancing Chhattisgarh's tourism potential in line with the Sustainable Development Goals (SDGs). This includes the development of destination management plans for tourist sites in Chhattisgarh and conducting impact assessments to understand the effects of tourism on local communities, ecosystems, and cultural heritage . by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trade Bitcoin & Ethereum – No Wallet Needed! IC Markets Start Now Undo The MoUs were signed by Vivek Acharya, IFS, Director of the Directorate of Archaeology, Archives and Museums and Managing Director of the Chhattisgarh Tourism Board, and Prof Santosh Biswas, Dean of R&D at IIT Bhilai, in the presence of Prof Rajiv Prakash, Director of IIT Bhilai. Speaking on the occasion, Prof Prakash said that IIT Bhilai is proud to strengthen its ties with the Chhattisgarh government in pursuit of the shared vision of Viksit Bharat 2047. He shared that an interdisciplinary research centre – the Centre for Culture, Language and Traditions – has been set up at IIT Bhilai to promote research in cultural heritage, tribal knowledge, and indigenous livelihoods. The Centre aims to advance the institute's mandate of action-oriented research for the benefit of the people of Chhattisgarh. Acharya affirmed that the Chhattisgarh government is pleased to have IIT Bhilai as a committed stakeholder in the state's development, highlighting the synergies between history, culture and technology. He noted that Chhattisgarh is home to many unique tribes with distinct artistic practices, traditions and heritage, offering significant opportunities for a premier institute like IIT Bhilai to carry out pioneering research for the state's progress.
