£23.9bn
£XXX.Xm
507k
23,102
£X.Xbn
Over the five years through 2024-25, full-service restaurant revenue is expected to edge downwards at a compound annual rate of 1.5%. It's no secret the restaurant industry has struggled with the combination of lockdowns during the pandemic, steep business taxes and rent prices driving many out of the market. Even afterwards, restaurants faced rampant inflation, rising food prices and inventory bills. As consumers grappled with eroding incomes, passing on price hikes isn't the best idea. Staffing shortages, exacerbated by Brexit's points-based immigration system, persist despite wage hikes and more efforts are needed to fill gaps.
Industry revenue has grown at a CAGR of 1.5 % over the past five years, to reach an estimated £23.9bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2025 | Revenue (£m)
2025 |
---|---|---|
Mitchells & Butlers plc | 991.4 | |
Nando's Chickenland Ltd | 929.3 | |
Whitbread plc | 845.4 |
To view the market share and analysis for all 5 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including Meals for consumption on the premises, Alcoholic beverages and Non-alcoholic beverages. Meals for consumption on the premises is the largest segment of the Full-Service Restaurants in the UK.
The rising popularity of healthy meals is driving demand for meals for consumption on the premises
This industry is composed of sit-down restaurants where customers are served while seated or serve themselves at a kiosk. This industry includes both licensed and unlicensed restaurants, but not cafes and takeaway establishments.
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SIC 56.10/1 - Full-Service Restaurants in the UK
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Health-conscious menus are on the rise. UK restaurants are increasingly introducing nutritious and plant-based options to cater to growing consumer demand for healthier meals...
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Rising health consciousness boosts sales of healthy meals. Consumers increasingly prefer vegetarian and vegan menu items, leading to higher revenue from on-premises meals in ...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
High spending drives London's restaurant scene. With the highest disposable income and a concentration of tourists, the capital sees upscale dining establishments flourish.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Buyers influence consumption trends. Restaurants must adapt to evolving customer preferences to maintain demand and ensure operational efficiency.
Learn about the performance of the top companies in the industry.
The largest players are chains with multiple brands and operations.Different brands mean each group can capture a more diverse market, expanding their revenue potential.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
A new calorie labelling law affects large businesses. Large restaurants now must display calorie information, helping consumers make informed decisions about their food and d...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Rising wages strain profit. Post-pandemic labour shortages and a reduced EU workforce drive up salaries, increasing wage expenses in the hospitality sector.
Including values and annual change:
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Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the UK include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
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The market size of the Full-Service Restaurants in the UK industry in United Kingdom is £23.9bn in 2024.
There are 23,102 businesses in the Full-Service Restaurants in the UK industry in United Kingdom, which has declined at a CAGR of 4.2 % between 2019 and 2024.
The market size of the Full-Service Restaurants in the UK industry in United Kingdom has been growing at a CAGR of 1.5 % between 2019 and 2024.
Over the next five years, the Full-Service Restaurants in the UK industry in United Kingdom is expected to grow.
The biggest companies operating in the Full-Service Restaurants market in United Kingdom are Mitchells & Butlers plc, Nando's Chickenland Ltd and Whitbread plc
Sit-down meals and Alcoholic beverages are part of the Full-Service Restaurants in the UK industry.
The company holding the most market share in United Kingdom is Mitchells & Butlers plc.
The level of competition is high and increasing in the Full-Service Restaurants in the UK industry in United Kingdom.