FRESCO by Ferraro - February 2023

Page 9

WORLD PIZZA MARKET

FORCASTED ANNUAL SALES GROWTH THROUGH 2023

$159 BILLION (2023) – UP 6.1%

7.6% Eastern Europe | $5.8B

2.9%

8.6%

North America | $58.3B

Western Europe | $58B

Full Service Pizza: $19.4B, up 2.2% Limited Service Pizza: $38.9B, up 3.3%

8.2% Asia Pacific | $15.3B

8.6% Middle East/Africa | $5.3B According to Euromonitor data, worldwide pizza sales in the coming year will exceed $150 billion for the first time.

6.3%

3.4%

Latin America | $14B

Australasia | $2.3B Source | Euromonitor International Pizza Forecast for 2023 Updated Novemeber 14, 2022

All outlets that specialize in pizza, including fast-food pizza, pizza full-service restaurants, pizza 100% home delivery.

HOT INDUSTRY TIPS: •

When price increases go above 9%, that is when the decline in visits and sales is apparent.

Making online ordering seamless - customers that find your online ordering process difficult may pick a different restaurant next time or ditch the order all together.

Be a director! Use video on social media to entice customers and improve your ranking on Google.

WHAT CUSTOMERS WANT

are looking for more pizza deals/specials.

want more restaurants/pizzerias to offer vegetarian pizzas.

Source: Technomic 2022 Pizza Consumer Trend Report

want more would prefer to order restaurants/pizzerias pizza from a company to offer vegan pizzas. that uses sustainable packaging.

want a pizza delivery online ordering system that lets them track their order. FRESCO BY FERRARO | PAGE 9


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.