UK-based fast food chain Chicken Cottage has also announced plans to open 50 outlets at Hass Petroleum’s service stations in Kenya and the rest of East Africa this year.The company, which operates Britain’s largest halal fast-food chain, said it will open the outlets in a partnership deal with Express Kitchen, a subsidiary of AAH Ltd.
Sandwich chain Subway, ice cream seller Cold Stone Creamery, Japanese firm Toridoll and Domino’s Pizza recently opened more stores in Keny
These global players are turning to fast-growing markets such as Kenya for growth, attracted by rising disposable household incomes, fast economic growth, and a young population, according to a study by McKinsey & C
Nairobi’s position as a hub for multiple multinationals also acts as a magnet for global restaurant chain
Last week, Simbisa Brands — which operates quick-service restaurants including Chicken Inn, Pizza Inn, Bakers Inn, and Creamy Inn — said it targets to open additional restaurants by the end of this year amid increased competition from big players in the fast-food industry
The company already operates 206 outlets in Kenya on a franchise model. They include 49 Chicken Inn, 59 Pizza Inn, 40 Creamy Inn, 23 Galitos, five Bakers Inn and 30 other
“It’s a substantial investment pipeline with 48 net new counters set to open in the second half of the financial year 2023, and a further 103 sites identified for the financial year 2024 will drive growth and unlock shareholder value,” said the Victoria Falls Stock Exchange-listed food gian
“The primary growth markets in the short to medium term will be Kenya and Zimbabwe,” it said.Simbisa Kenya has been continuing its expansion drive, opening 34 new outlets in the 12 months between 31 December 2021 and 31 December last yea
“On the back of new store openings, customer counts increased 9.5 per cent year-on-year,” said the firm in a regulatory updat
“Real average spend increased 5.4 per cent, with menu price increments implemented to keep pace with inflation, resulting in a 15.4 per cent increase in revenue
Fast food is one of Nairobi’s fastest-growing segments. The growing segment comprises formats like fast-food chains, cafes and fine-dining restaurant
The rise in disposable income and rapid globalisation of the food industry are the key factors driving market growth, analysts sa
Kenya’s increasing middle-class population coupled with the advent of online delivery apps and e-commerce websites is compelling companies to expand their reach by introducing new food varieties and flavour
Simbisa Foods, for instance, last year took hold of its delivery platform to drive revenue
“Effective October 1, 2022, a strategic decision was made to transition Pizza Inn to deliver exclusively on the in-house Dial-A Delivery platform in Kenya,” it sai
“The objective is to take control of the end-to-end customer experience and increase Pizza Inn delivery volumes. The initiative has been successful, with 90 per cent of orders previously done through third-party aggregators now directed through Simbisa’s in-house platforms
Urbanisation has also improved infrastructure in terms of the distribution and marketing of fast food
The fast-paced lifestyle of Kenyans in urban areas has drastically changed the dietary patterns of people.Rapid industrialisation coupled with work habits has changed Kenyan consumers’ preference for fast food
The Covid-19 pandemic, however, severely impacted the food and restaurant industr
Decreased consumer spending and disruptions in the supply chain affected the industry to a large exten
In addition, the increased awareness about the consumption of healthy foods affected the market growth during the pandemi
However, the market is expected to regain demand post-pandemic owing to a rise in the number of fast-food franchises and increasing demand for online food deliveries.c.t.y.s.s..”d.s.s.y.s..”e.r.t.s.. s.o.a.e.s..”d.s.s.y.s..”e.r.t.s.. s.o.a.d.t.s.. s.o.a.
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