Restaurant Industry in Istanbul Overview
According to SPER Market Research, the Restaurant Industry in Istanbul is estimated to reach USD XX billion by 2032 with a CAGR of XX%.
Istanbul, Turkey's largest city, is a cultural, historical, and culinary hotspot. Istanbul's restaurant industry is thriving, with a diverse range of dining options available to both locals and tourists. Istanbul's restaurant scene caters to a wide range of tastes and preferences, from traditional Turkish dishes to international cuisine. Istanbul is well-known for its street food, which includes popular Turkish kebab, simit (a type of sesame seed-covered bread), and traditional Turkish sweets such as baklava and Turkish delight. The city also boasts numerous high-end restaurants serving fine dining experiences and international cuisines, such as Italian, French, Japanese, and Mediterranean.
Istanbul's local food scene is heavily influenced by the city's rich history and diverse cultural heritage. Ottoman cuisine, which has its origins in the Ottoman Empire's imperial kitchens, is an important part of Istanbul's food culture. This cuisine is distinguished by the use of spices, herbs, and fresh ingredients such as vegetables, fruits, and meats. In recent years, Istanbul has become a foodie hotspot, attracting visitors from all over the world to sample the city's vibrant food scene. With an abundance of restaurants, cafes, and street food vendors, Istanbul provides a one-of-a-kind culinary experience that is difficult to match anywhere else in the world.
Impact of COVID-19 on the Restaurant Industry in Istanbul
The COVID-19 pandemic, as it has in many other parts of the world, has had a significant impact on the restaurant industry in Istanbul. To stem the spread of the virus, the Turkish government implemented a variety of measures, including temporary closures of restaurants and cafes, limiting the capacity of indoor dining areas, and imposing curfews. These measures have had a significant impact on Istanbul's restaurant industry, resulting in a significant decrease in revenue and a large number of job losses. Due to the financial strain caused by the pandemic, many restaurants and cafes have had to close permanently. Restaurants that have survived have had to adapt to changing circumstances by providing delivery and takeout options, as well as instituting safety protocols such as social distancing, increased sanitization, and mandatory mask-wearing.
The pandemic has also influenced consumer behaviour, with many people preferring to cook at home rather than eat out. This has resulted in a decrease in demand for restaurant services, making it difficult for businesses to remain profitable. Despite the pandemic's challenges, Istanbul's restaurant industry has demonstrated resilience and innovation in finding new ways to serve customers while adhering to safety guidelines. It is hoped that as vaccination rates rise and restrictions are lifted, the industry will continue to recover and thrive in the post-pandemic era.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Restaurant Type
|
| Regions covered | Asian Side, Besiktas, Beyoglu, Kadikoy, Old City, Taksim
|
| Companies Covered | Big Chef’s, Burger King, Espresso Lab, Huqqa, Mc Donald’s, Midpoint, Mikla, Paper Moon, Sorite, Spago, Tahin, Vakko, Zuma
|
Restaurant Industry in Istanbul Segmentation:
1. By Restaurant Type:
- Hotel & Hotel based Restaurants
- Quick Service Restaurants
- Fine Dining Restaurants
- Casual Dining Restaurants
- Nightclubs & Shisha Lounges
- Coffee Shops
- Desert Parlours
2. By Region:
- Asian Side
- Besiktas
- Beyoglu
- Kadikoy
- Old City
- Taksim
Key Topics Covered in the Report:
- Size of Restaurant Industry in Istanbul(FY’2019-FY’2032)
- Istanbul Food & Beverage Market Overview
- Segmentation of Restaurant Industry in Istanbul By Restaurant Type (Hotel & Hotel Based Restaurants, Quick Service Restaurants, Fine Dining Restaurants, Casual Dining Restaurants, Nightclubs & Shisha Lounge, Coffee Shops, Desert Parlours)
- Statistical Snap of Istanbul Restaurant Market
- Growth Analysis of Restaurant Industry in Istanbul
- Problems and Challenges in Istanbul Food & Beverage Market
- Competitive Landscape in the Restaurant Industry in Istanbul
- Impact of COVID-19 and Demonetization on Restaurant Industry in Istanbul
- Details on Recent Investment in Istanbul Restaurant Industry
- Competitive Analysis of Istanbul Restaurant Market
- Major Players in the Restaurant Industry in Istanbul
- SWOT Analysis of Istanbul Food & Beverage Market
- Restaurant Industry in Istanbul Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Restaurant Industry in Istanbul
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Restaurant Industry in Istanbul Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Restaurant Industry in Istanbul
7. Restaurant Industry in Istanbul, By Restaurant Type, 2019-2032 (USD Million)
7.1 Hotel & Hotel based Restaurants
7.2 Quick Service Restaurants
7.3 Fine Dining Restaurants
7.4 Casual Dining Restaurants
7.5 Nightclubs & Shisha Lounges
7.6 Coffee Shops
7.7 Desert Parlours
8. Restaurant Industry in Istanbul, By Region, 2019-2032 (USD Million)
8.1 Restaurant Industry in Istanbul Market Size and Market Share by Region (2019-2025)
8.2 Restaurant Industry in Istanbul Market Size and Market Share by Region (2026-2032)
8.3 Asian Side
8.4 Besiktas
8.5 Beyoglu
8.6 Kadikoy
8.7 Old City
8.8 Taksim
9. Company Profiles
9.1 Big Chef’s
9.1.1 Company details
9.1.2 Financial outlook
9.1.3 Product summary
9.1.4 Recent developments
9.2 Burger King
9.2.1 Company details
9.2.2 Financial outlook
9.2.3 Product summary
9.2.4 Recent developments
9.3 Espresso Lab
9.3.1 Company details
9.3.2 Financial outlook
9.3.3 Product summary
9.3.4 Recent developments
9.4 Huqqa
9.4.1 Company details
9.4.2 Financial outlook
9.4.3 Product summary
9.4.4 Recent developments
9.5 Mc Donald’s
9.5.1 Company details
9.5.2 Financial outlook
9.5.3 Product summary
9.5.4 Recent developments
9.6 Midpoint
9.6.1 Company details
9.6.2 Financial outlook
9.6.3 Product summary
9.6.4 Recent developments
9.7 Mikla
9.7.1 Company details
9.7.2 Financial outlook
9.7.3 Product summary
9.7.4 Recent developments
9.8 Paper Moon
9.8.1 Company details
9.8.2 Financial outlook
9.8.3 Product summary
9.8.4 Recent developments
9.9 Sorite
9.9.1 Company details
9.9.2 Financial outlook
9.9.3 Product summary
9.9.4 Recent developments
9.10 Spago
9.10.1 Company details
9.10.2 Financial outlook
9.10.3 Product summary
9.10.4 Recent Developments
9.11 Tahin
9.11.1 Company details
9.11.2 Financiaal outlook
9.11.3 Product summary
9.11.4 Recent developments
9.12 Vakko
9.12.1 Company details
9.12.2 Financial outlook
9.12.3 Product summary
9.12.4 Recent developments
9.13 Zuma
9.13.1 Company details
9.13.2 Financial outlook
9.13.3 Product summary
9.13.4 Recent developments
10. List of Abbreviations
11. Reference Links
12. Conclusion
13. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
