Post by hanro1187 on Feb 14, 2024 5:46:15 GMT -5
Experience”, “enjoy” & “discover” are the three most accurate phrases to talk about today's customer needs. That's why the FnB business model is also developed and upgraded based on these trends. FnB is an industry that is considered to have the potential to recover and develop strongly in the economic context of 2023. Join KiotViet to review some potential FnB business models, helping restaurant owners "do well" in the article. write below. FnB business model 2023 1. What is FnB? FnB stands for Food and Beverage, which simply means the food service business.
FnB includes all types of food and Armenia Telemarketing Data beverage services such as: cafes, eateries, restaurants, milk tea shops, karaoke,... from popular to high-end. Therefore, this is a diverse business industry with the strongest development potential in the "new normal" period of 2023. 2. Trends of the FnB industry in 2023 According to statistics, the FnB industry has contributed 15.8% to the total national GDP (2021). Total spending on food and beverages accounts for the highest proportion at about 35% of spending. Besides, people's spending on food services is also high at more than 360 USD/Month.
This is a higher number than other countries in the region such as Indonesia, Thailand, Philippines, and Malaysia. Experts predict that in the coming quarters, prices of main input materials will tend to decrease. Therefore, the profit margins of businesses in the industry will have a chance to increase or maintain recovery in 2023. In particular, Vietnam's FnB industry is expected to grow even more. Food and beverage services will be widely opened thanks to policies to stimulate tourism and attract tourists. All will contribute to promoting the strong development of the FnB industry in general and businesses in the industry in particular. Let's take a look at some trends of the FnB industry in 2023: Business targeting young people Vietnam's population is young, dynamic, smart and adaptable. It is estimated to reach 105 million people by 2030. Customers aged 16 to 30 account for 25% of the country's population.
FnB includes all types of food and Armenia Telemarketing Data beverage services such as: cafes, eateries, restaurants, milk tea shops, karaoke,... from popular to high-end. Therefore, this is a diverse business industry with the strongest development potential in the "new normal" period of 2023. 2. Trends of the FnB industry in 2023 According to statistics, the FnB industry has contributed 15.8% to the total national GDP (2021). Total spending on food and beverages accounts for the highest proportion at about 35% of spending. Besides, people's spending on food services is also high at more than 360 USD/Month.
This is a higher number than other countries in the region such as Indonesia, Thailand, Philippines, and Malaysia. Experts predict that in the coming quarters, prices of main input materials will tend to decrease. Therefore, the profit margins of businesses in the industry will have a chance to increase or maintain recovery in 2023. In particular, Vietnam's FnB industry is expected to grow even more. Food and beverage services will be widely opened thanks to policies to stimulate tourism and attract tourists. All will contribute to promoting the strong development of the FnB industry in general and businesses in the industry in particular. Let's take a look at some trends of the FnB industry in 2023: Business targeting young people Vietnam's population is young, dynamic, smart and adaptable. It is estimated to reach 105 million people by 2030. Customers aged 16 to 30 account for 25% of the country's population.
