Restaurant Market in Istanbul witnessed a growth between FY’16 and FY’19 at CAGR of ~2.4% followed by a ~30.8% contraction in FY’20 due to the impact of the pandemic: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit January 2022 “Attractive tourist destinations coupled with experience savvy consumers will drive the restaurant industry in Istanbul” Tourist Attraction of Istanbul: Istanbul is a unique trans-continental city with a population of 15.5 Mn people residing on both sides of the Bosphorus strait. The European side of the city is highly preferred by tourists due to presence of key tourist attractions in Fatih, Sariyer, Sisli, Beyoglu and availability of 500+ accommodation facilities with 100,000+ beds. The Asian side is known for its calmness, rich cultural history in attraction places of Kadikoy and Uskudar. There is a significant influx of tourist which makes Istanbul a prominent location for food and beverage sector. The number of foreign visitors to Istanbul reached record high of ~14.9 Mn in 2019 before the pandemic took a toll on the tourism sector. Growing Agro-Food Sector: The location of Turkey and proximity to Europe, Middle East and Africa acts as a key advantage when it comes to trading. Turkey is a key foreign trade player when it comes to the agro-food sector. The exports and imports of Turkey in this sector has been surging at a CAGR of ~10% and ~12% respectively between FY’02 and FY’20. Primarily the agro-food imports comprise of food ingredients which are processed domestically to finally export to partner countries, resulting in trade surplus for Turkey. The major import partners of Turkey include Russia, Argentina, Netherlands, Germany, Ukraine, United States, Brazil while major export countries are Iraq, Germany, Saudi Arabia, Syria, Netherlands, UK; results in netting a trade surplus of $5.5 Bn in 2020 Online Food Delivery Startups: Outbreak of COVID-19, and restrictions with respect to dine-in facilities prompted the shift in customer preference towards online food delivery segment. Restaurants changed their perspective & partnered increasingly with Online Food Delivery Platforms Istanbul. One of the key food delivery player, Yemeksepeti added 32,000+ restaurants in 2020. There is a huge addressable market which resulted players like Fuudy, Tikla Gelsin, Trendyol Yemek, Zomato launching their services in Turkey. Impact of COVID-19: Similar to other neighbouring countries, Turkey also faced the impact of the pandemic which resulted in imposition of counter measures. Reduction in restaurant dine-in capacity to 50% in the initial phase followed by a closure of all dine-in spaces hampered the industry. Due to the disruptions, food delivery segment led by Yemeksepeti, Getir Yemek and other applications witnessed surge in its transactions. Restauranteurs also started listing themselves on these platforms to fetch orders and ensure business continuity. Additionally, delivery only kitchens or cloud kitchens began to flourish as adoption of food delivery applications from customers started increasing. The report titled “Restaurant Industry in Istanbul – Outlook to 2025: Driven by changing consumer behaviour and rebound in tourism activity” by Ken Research suggested that the Restaurant Industry in Istanbul is expected to grow further in the near future, with increasing experience savvy consumers and online food delivery ecosystem. The market is expected to register a positive CAGR of ~10.3% in terms of transaction value during the forecast period of FY’21-FY’26. Key Segments Covered in Restaurant Industry in Istanbul Market Size of Restaurant Industry in Turkey on the basis of transaction value Market Size of Restaurant Industry in Istanbul on the basis of transaction value Segmentation by type of visitor Domestic visitor Foreign visitor Key Target Audience Restaurants and Hotel Chains Food Aggregators Catering Companies Real Estate Companies Potential Market Entrants Time Period Captured in the Report: Historical Period: 2015-2021 Forecast Period: 2021-2025F Companies Covered: Quick Service Restaurants: McDonald’s Burger King Sbarro Pizzeria KFC Popeye’s Simit Sarayi Panista Usta Donerci Casual Dining Restaurants: Big Chef’s Midpoint Happy Moon’s Sazeli Gunaydin Cookshop Emirgan Sutis Kofteci Ramiz Fine Dining Restaurants: Zuma Paper Moon Nusr-et Da Mario Nobu Vogue Spago 360 Sunset Bar & Grill Lacivert Hotel based Restaurants: 16 Roof, Swissotel Mikla Spago Tugra Shang Palace Toro Novikov Middle Eastern Cuisine Restaurants: Tahin Hatay Medeniyetler Sofrası Buuzecedi Arada Beyrut Cafe Al Hallab Arada Endulus Nomads Nightclubs: Sorite 360 Klein Ulus 29 Oligark Masquarade Coffee Shops: Espresso Lab Viyana Kahvesi Petra Kronotrop Kahve Dunyasi Cup of Joy Coffee Department Ministry of Coffee Walter’s Coffee Coffeetopia Patisserie and Desert Parlours: Vakko Baylan Mendel’s Maia Divan Pelit Asuman Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTA4MDY0 Key Topics Covered in the Report Socio-Demographic Outlook of Turkey Economic Outlook of Turkey Overview of F&B Industry in Turkey Snapshot on Online Food Delivery Platforms in Turkey Market Size of Restaurant Industry in Turkey Socio-Demographic Outlook of Istanbul Foreign Tourist Arrival in Istanbul Major District Clusters in Istanbul Market Size of Restaurant Industry in Istanbul District Analysis of Istanbul in terms of Location, Ecosystem and Business Operations Analysis of Categories of Restaurant in terms of Operating Parameters Analysis of Quick Service Restaurants Analysis of Casual Dining Restaurants Analysis of Fine Dining Restaurants Analysis of Hotel Based Restaurants Analysis of Shisha Lounges Analysis of Cuisine Specific Restaurants Analysis of Nightclubs Analysis of Coffeeshops Analysis of Patisserie and Desert Parlours Business Environment in Turkey Impact of COVID-19 on Restaurant Industry Future Outlook of the Industry Related Reports Qatar Retail Restaurant Industry Outlook to 2025 – Hosting of FIFA World Cup 2022 is anticipated to Drive Number of Domestic and International Visitors Global Mobile Food Services Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027 Follow Us LinkedIn | Instagram | Facebook | Twitter | YouTube Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Tags: Business Environment in Turkey, Case study of Sazeli (Florya), Case study of Zuma Restaurants, Casual Dining Restaurants in Istanbul, Categories of Restaurants in Istanbul, Challenges of Turkey Restaurant Industry, Coffee shops in Istanbul, Company Profile of Fuudy, Company Profile of Getir Yemek, Company Profile of Tikla Gelsin, Company Profile of Yemeksepeti, Covid-19 Impact Istanbul Restaurant Market, Cuisine Specific Restaurants in Istanbul, District Analysis of Istanbul, Ease of Doing Business Index Turkey, Economic Outlook of Turkey, Fine Dining Restaurants in Istanbul, Food & Beverage Industry Ecosystem, Food & Beverage Industry of Turkey, Future Outlook of Food & Beverage Market in Turkey, Future Outlook of Restaurants Industry in Istanbul, Hotel based Restaurants in Istanbul, Impact of COVID-19 on Turkey Restaurant Industry, Import-Export Scenario of F&B Industry, Industry Research Report Of Istanbul Restaurant, Istanbul Food & Beverage Market Competition, Istanbul Food & Beverage Market Revenue, Istanbul Food & Beverage Market Size, Istanbul Food & Beverage Market Trends, Istanbul Restaurant Industry, Istanbul Restaurant Industry Research Report, Istanbul Restaurant Market, Istanbul Restaurant Market Analysis, Istanbul Restaurant Market Demand, Istanbul Restaurant Market Future Outlook, Istanbul Restaurant Market Growth, Istanbul Restaurant Market Major Players, Istanbul Restaurant Market Research Report, Istanbul Restaurant Market sales, Istanbul Restaurant Market Share, Istanbul Restaurant Research Report, Istanbul Restaurants Market Size, Major District clusters of Istanbul, Market Research Report Of Istanbul Restaurant, Market size and Trends in F&B Industry of Turkey, Market size of Turkey Restaurants Industry, Nightclubs in Istanbul, Online Food Delivery Platforms in Turkey, Patisserie and Dessert Parlors in Istanbul, Quick Service Restaurants in Istanbul, Shisha Lounges in Istanbul, Socio-Demographic Outlook of Istanbul, Socio-Demographic Outlook of Turkey, Turkey HORECA Ecosystem, Turkey Restaurant Industry, Turkey Restaurant Industry Future Outlook