Restaurants and mobile food service activities revenue in Switzerland 2010-2022
The Swiss restaurant and mobile foodservice industry has witnessed steady growth over the past few years with revenues totaling nearly 12.4 billion U.S. dollars in 2018, up 39% from 2010. This has not only strengthened the overall industry’s confidence but also has pushed the revenues of leading restaurant and food service companies, such as Migros-Genossenschafts-Bund, McDonald's Schweiz and SV Group Schweiz, above 500 million swiss Francs, each in 2017. An increase in the household income which had a positive bearing on the total amount spent on restaurants and hotels over the last decade is cited as one of the key reasons for this growth.
Online food delivery on the rise
With the growing advent of the digital era, the online food delivery business has witnessed significant growth in Switzerland over the past few years. The foodservice industry is one of the pioneers in digital adoption within the country. In fact, the online restaurant-to-consumer segment generated revenues of 127 million U.S. dollars in 2018, whereas third-party platform-to-consumer service providers clocked only 31 million U.S. dollars over the same time period.
Online food delivery on the rise
With the growing advent of the digital era, the online food delivery business has witnessed significant growth in Switzerland over the past few years. The foodservice industry is one of the pioneers in digital adoption within the country. In fact, the online restaurant-to-consumer segment generated revenues of 127 million U.S. dollars in 2018, whereas third-party platform-to-consumer service providers clocked only 31 million U.S. dollars over the same time period.
