The Market
Real disposable income in the UK has nearly doubled over the last 25 years.
Eating-out market doubled to £42bn in last 20 years
Of this total the eating out and drinking out markets, in which Mitchells & Butlers operates, have a combined size of some £70bn. The eating out market has doubled in value over the past two decades to £43bn, whilst the drinking out market is currently worth some £27bn, having declined over the last five years.
This section includes a summary of the UK Eating Out and Drinking Out markets, with information on their nature, size and future growth prospects.
The three main trends impacting these markets are:
- The growing appeal of eating out
- The resilience of drink sales with food
- The rapid decline of drinking out not in conjunction with food
