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Restaurants & Takeaways in Norway - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

NO-I561 November 2024 Factsheet

Revenue

€4.7bn

2019-2024 9.7 %
2024-2029 X.X %

Employees

69,526

2019-2024 0.0 %
2024-2029 X.X %

Businesses

7,371

2019-2024 0.0 %
2024-2029 X.X %

Wages

€X.Xbn

2019-2024 X.X %
2024-2029 X.X %

Restaurants & Takeaways in Norway market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Norway compared to Europe?

Country Benchmarking

Industry Data Norway

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#16 In Europe
Business
#25 In Europe
Employees
#21 In Europe
Wages
#13 In Europe

The Restaurants & Takeaways in Norway ranks 16 in Europe with regards to its 2024 revenue (€4.7bn). Revenue received by operators in Norway has been low in volatility over the past five-year period, with the average annual change in revenue (9.7 %) most comparable to...

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Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

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What is the market size of the Restaurants & Takeaways industry in Norway in 2024?

The market size of the Restaurants & Takeaways industry in Norway is €4.7bn in 2024.

How many businesses are there in the Restaurants & Takeaways in Norway industry in 2024?

There are 7,371 businesses in the Restaurants & Takeaways industry in Norway, which has declined at a CAGR of 0.0 % between 2019 and 2024.

Has the Restaurants & Takeaways industry in Norway grown or declined over the past 5 years?

The market size of the Restaurants & Takeaways industry in Norway has been declining at a CAGR of 9.7 % between 2019 and 2024.

What is the forecast growth of the Restaurants & Takeaways industry in Norway over the next 5 years?

Over the next five years, the Restaurants & Takeaways industry in Norway is expected to grow.

What are the biggest companies in the Restaurants & Takeaways market in Norway?

The biggest companies operating in the Restaurants & Takeaways market in Norway are MCD Europe Ltd, Yum! Restaurant Holdings and Subway International BV

What does the Restaurants & Takeaways in Norway include?

Full-service restaurants and Fast-food restaurants are part of the Restaurants & Takeaways industry.

Which companies have the highest market share in the Restaurants & Takeaways in Norway?

The company holding the most market share in Norway is MCD Europe Ltd.

How competitive is the Restaurants & Takeaways industry in Norway?

The level of competition is high and steady in the Restaurants & Takeaways industry in Norway.

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Table of Contents

About this industry

Industry definition

Companies in this industry provide food services to customers, whether they’re served while seated or serve themselves from a display of items. The industry includes the consumption of meals on the premises, food delivery and takeaway orders. It covers full-service restaurants, fast-food restaurants, mobile food carts and establishments selling prepared takeaway meals.

What's included in this industry?

Full-service restaurantsFast-food restaurantsTakeaway restaurantsMobile food stands

Industry Code

ISIC 2006

561 - Restaurants and mobile food service activities in Norway

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue Growth
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Restaurants & Takeaways in Norway
  • Employees in the Restaurants & Takeaways in Norway
  • Business in the Restaurants & Takeaways in Norway
  • Profit in the Restaurants & Takeaways in Norway

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Restaurants and takeaways must comply with specific food rules. Food establishments have to follow rules on food preparation, storage and waste, alongside rules on labelling of foods containing any of the 14 most common allergens, including eggs, peanuts and molluscs.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Restaurants & Takeaways in Norway industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

The COVID-19 outbreak takes a toll on profitability. Strict restrictions during the pandemic left restaurants unable to generate revenue from dine-in service, cutting sales and eating into profit.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Restaurants & Takeaways in Norway industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.