The global food service market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth in this market is attributed to the increasing demand for convenience and time-saving food options, which are driving the demand for quick service restaurants (QSRs). The QSR segment is expected to grow at a CAGR of 5.2% during the forecast period, from 2021 to 2030.
The restaurant segment accounted for over 50% of the global food service market in 2017 and it is expected to continue its dominance throughout the forecast period. The fast food restaurant segment accounted for over 30% of this market in 2017 and it is also expected to continue its dominance throughout the forecast period with a CAGR of 4%.
Some Of The Growth Factors Of This Market:
- The population is growing and the number of people over 65 years old is increasing.
- The number of households with children under 18 years old has decreased, but the number of households with adults over 65 has increased.
- More people are eating out than ever before, and more restaurants are opening up to meet this demand for convenience and variety in food choices.
- There is a trend towards healthier eating habits, which means that more people are looking for healthy options when they eat out or order take-out food at home.
- People are increasingly interested in cooking at home because it's cheaper than going out to eat.
Industry Growth Insights published a new data on “Food Service Market”. The research report is titled “Food Service Market research by Types (Restaurant, Fast Food Restaurant, Snack Bar, Liquor Stores, The Dining Room, Group Meal Distribution Unit, Central Kitchen, Other, Food Servic), By Applications (Residential, Office Buildings, School, Transportation Hub, Mall, Other), By Players/Companies KFC, Mcdonald's, Burger King Holdings, Top Catering, China Yum Brands, Inner Mongolia Little Sheep Catering, Inner Mongolia Small Tail Sheep Catering, Shanghai Jinjiang International Hotel Development, Hebei Sanhe City Fucheng Catering Management, Chongqing Dezhuang Industry (Group), Tianjin Dexi Food Development, Chongqing Cygnet Investment Holding (Group), China Quanjude (Group) Shares, Zhongshan Harbor Food And Entertainment Management, Food Servic”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Service Market Research Report
By Type
Restaurant, Fast Food Restaurant, Snack Bar, Liquor Stores, The Dining Room, Group Meal Distribution Unit, Central Kitchen, Other, Food Servic
By Application
Residential, Office Buildings, School, Transportation Hub, Mall, Other
By Companies
KFC, Mcdonald's, Burger King Holdings, Top Catering, China Yum Brands, Inner Mongolia Little Sheep Catering, Inner Mongolia Small Tail Sheep Catering, Shanghai Jinjiang International Hotel Development, Hebei Sanhe City Fucheng Catering Management, Chongqing Dezhuang Industry (Group), Tianjin Dexi Food Development, Chongqing Cygnet Investment Holding (Group), China Quanjude (Group) Shares, Zhongshan Harbor Food And Entertainment Management, Food Servic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Food Service Market Report Segments:
The global Food Service market is segmented on the basis of:
Types
Restaurant, Fast Food Restaurant, Snack Bar, Liquor Stores, The Dining Room, Group Meal Distribution Unit, Central Kitchen, Other, Food Servic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Office Buildings, School, Transportation Hub, Mall, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- KFC
- Mcdonald's
- Burger King Holdings
- Top Catering
- China Yum Brands
- Inner Mongolia Little Sheep Catering
- Inner Mongolia Small Tail Sheep Catering
- Shanghai Jinjiang International Hotel Development
- Hebei Sanhe City Fucheng Catering Management
- Chongqing Dezhuang Industry (Group)
- Tianjin Dexi Food Development
- Chongqing Cygnet Investment Holding (Group)
- China Quanjude (Group) Shares
- Zhongshan Harbor Food And Entertainment Management
- Food Servic
Highlights of The Food Service Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Restaurant
- Fast Food Restaurant
- Snack Bar
- Liquor Stores
- The Dining Room
- Group Meal Distribution Unit
- Central Kitchen
- Other
- Food Servic
- By Application:
- Residential
- Office Buildings
- School
- Transportation Hub
- Mall
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Food Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Food service is the business of providing food and beverage to customers in a restaurant, cafeteria, catering hall or other commercial setting.
Some of the key players operating in the food service market are KFC, Mcdonald's, Burger King Holdings, Top Catering, China Yum Brands, Inner Mongolia Little Sheep Catering, Inner Mongolia Small Tail Sheep Catering, Shanghai Jinjiang International Hotel Development, Hebei Sanhe City Fucheng Catering Management, Chongqing Dezhuang Industry (Group), Tianjin Dexi Food Development, Chongqing Cygnet Investment Holding (Group), China Quanjude (Group) Shares, Zhongshan Harbor Food And Entertainment Management, Food Servic.
The food service market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Service Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Food Service Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Food Service Market - Supply Chain
4.5. Global Food Service Market Forecast
4.5.1. Food Service Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Food Service Market Size (000 Units) and Y-o-Y Growth
4.5.3. Food Service Market Absolute $ Opportunity
5. Global Food Service Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Food Service Market Size and Volume Forecast by Type
5.3.1. Restaurant
5.3.2. Fast Food Restaurant
5.3.3. Snack Bar
5.3.4. Liquor Stores
5.3.5. The Dining Room
5.3.6. Group Meal Distribution Unit
5.3.7. Central Kitchen
5.3.8. Other
5.3.9. Food Servic
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Food Service Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Food Service Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Office Buildings
6.3.3. School
6.3.4. Transportation Hub
6.3.5. Mall
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Food Service Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Food Service Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Food Service Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Food Service Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Food Service Demand Share Forecast, 2019-2026
9. North America Food Service Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Food Service Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Food Service Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Office Buildings
9.4.3. School
9.4.4. Transportation Hub
9.4.5. Mall
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Food Service Market Size and Volume Forecast by Type
9.7.1. Restaurant
9.7.2. Fast Food Restaurant
9.7.3. Snack Bar
9.7.4. Liquor Stores
9.7.5. The Dining Room
9.7.6. Group Meal Distribution Unit
9.7.7. Central Kitchen
9.7.8. Other
9.7.9. Food Servic
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Food Service Demand Share Forecast, 2019-2026
10. Latin America Food Service Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Food Service Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Food Service Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Office Buildings
10.4.3. School
10.4.4. Transportation Hub
10.4.5. Mall
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Food Service Market Size and Volume Forecast by Type
10.7.1. Restaurant
10.7.2. Fast Food Restaurant
10.7.3. Snack Bar
10.7.4. Liquor Stores
10.7.5. The Dining Room
10.7.6. Group Meal Distribution Unit
10.7.7. Central Kitchen
10.7.8. Other
10.7.9. Food Servic
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Food Service Demand Share Forecast, 2019-2026
11. Europe Food Service Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Food Service Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Food Service Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Office Buildings
11.4.3. School
11.4.4. Transportation Hub
11.4.5. Mall
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Food Service Market Size and Volume Forecast by Type
11.7.1. Restaurant
11.7.2. Fast Food Restaurant
11.7.3. Snack Bar
11.7.4. Liquor Stores
11.7.5. The Dining Room
11.7.6. Group Meal Distribution Unit
11.7.7. Central Kitchen
11.7.8. Other
11.7.9. Food Servic
11.8. Basis Point Share (BPS)Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Food Service Demand Share, 2019-2026
12. Asia Pacific Food Service Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Food Service Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Food Service Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Office Buildings
12.4.3. School
12.4.4. Transportation Hub
12.4.5. Mall
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Food Service Market Size and Volume Forecast by Type
12.7.1. Restaurant
12.7.2. Fast Food Restaurant
12.7.3. Snack Bar
12.7.4. Liquor Stores
12.7.5. The Dining Room
12.7.6. Group Meal Distribution Unit
12.7.7. Central Kitchen
12.7.8. Other
12.7.9. Food Servic
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Food Service Demand Share, 2019-2026
13. Middle East & Africa Food Service Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Food Service Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Food Service Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Office Buildings
13.4.3. School
13.4.4. Transportation Hub
13.4.5. Mall
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Food Service Market Size and Volume Forecast by Type
13.7.1. Restaurant
13.7.2. Fast Food Restaurant
13.7.3. Snack Bar
13.7.4. Liquor Stores
13.7.5. The Dining Room
13.7.6. Group Meal Distribution Unit
13.7.7. Central Kitchen
13.7.8. Other
13.7.9. Food Servic
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Food Service Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Food Service Market: Market Share Analysis
14.2. Food Service Distributors and Customers
14.3. Food Service Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. KFC
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Mcdonald's
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Burger King Holdings
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Top Catering
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. China Yum Brands
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Inner Mongolia Little Sheep Catering
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Inner Mongolia Small Tail Sheep Catering
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Shanghai Jinjiang International Hotel Development
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hebei Sanhe City Fucheng Catering Management
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Chongqing Dezhuang Industry (Group)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Tianjin Dexi Food Development
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Chongqing Cygnet Investment Holding (Group)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. China Quanjude (Group) Shares
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Zhongshan Harbor Food And Entertainment Management
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Food Servic
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.
