Market Overview:
The global food service restaurant market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for food services by the millennials and Gen Z population, rising disposable income, and growing urbanization. In terms of type, the full service restaurants segment is expected to hold the largest share in the global food service restaurant market during the forecast period. This can be attributed to factors such as changing lifestyle trends and rising demand for premium dining experiences among consumers.
Product Definition:
A food service restaurant is a place where people can purchase food to eat outside of their home. Food service restaurants may offer a variety of foods, such as breakfast, lunch, and dinner menus. They may also serve specialty items like pizza or tacos.
Full Service Restaurants:
Full-service restaurants (FSR) are the ones which have a variety of cuisines on their menu and can serve customers round the clock. FSRs provide various services such as take-out, dine in, and full table service. They also offer alcoholic beverages along with non-alcoholic drinks. The major factor driving this market is increasing demand for quick service restaurants due to hectic lifestyle of consumers which results into eating out more frequently than at home.
Quick service restaurant:
A quick service restaurant (QSR) is a type of restaurant that serves food in a limited time period. The concept of QSR has been influenced by the fast-food restaurants and also reflects the trend of eating at such places. A large number of people prefer to dine out during the working hours, travel destinations, and weekends; which has led to an increase in demand for quick service restaurants serving foods with shorter preparation time and less waiting time.
Application Insights:
The chain service providers dominated the global food service restaurant market in 2017, with over 60.0% share of the overall revenue. Chain restaurants represent a broader range of offerings compared to their independent counterparts and offer standard menus for all locations (rather than customized menus for each location as is done by independents). This has resulted in higher penetration of chain restaurants as they are more cost-effective and provide better margins for owners/operators.
The growth of e-commerce has played an important role in reducing the influence of traditional operators on FSRs business operations. The advent from online ordering through mobile apps to door delivery at the time specified by customers has revolutionized FSR business model and enabled consumers access to FSRs services even when they are not present there physically. This factor along with others such as increasing disposable income levels among emerging middle class population groups across developing countries including China, India, Brazil etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast years owing to high disposable income of consumers and increasing awareness about food poisoning. Thus, people are more willing to spend on their meals rather than risk eating contaminated food.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising disposable income and improving economic conditions in emerging countries such as India, China, Thailand, Vietnam among others.
The Middle East & Africa region is projected have a promising future with respect both demand.
Growth Factors:
- Increasing disposable income of people: The disposable income of people is increasing day by day, and this is resulting in the growth of food service restaurant market.
- Changing lifestyle: The changing lifestyle is also one of the major growth drivers for food service restaurant market as people are getting more inclined towards eating out.
- Rapid urbanization: Rapid urbanization has resulted in the mushrooming of food service restaurants in cities, thereby driving the growth of this market.
- Rising demand for healthy and hygienic food: There is a rising demand for healthy and hygienic food, which is further propelling the growth of food service restaurant market across the globe.
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Service Restaurant Market Research Report
By Type
Full Service Restaurants, Quick service restaurant, Café and Bars, 100% Home Delivery
By Application
Independent Service Providers, Chained Service Providers
By Companies
McDonald's, Yum! Brands, Subway, Seven & I, Burger King, Starbucks, Chipotle Mexican Grill, Dunkin' Donuts, Sonic Drive-In, Papa John's, McDonald's, Little Caesars, China Quanjude
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
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Food Service Restaurant Market Report Segments:
The global Food Service Restaurant market is segmented on the basis of:
Types
Full Service Restaurants, Quick service restaurant, Café and Bars, 100% Home Delivery
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
Independent Service Providers, Chained Service Providers
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:
- McDonald's
- Yum! Brands
- Subway
- Seven & I
- Burger King
- Starbucks
- Chipotle Mexican Grill
- Dunkin' Donuts
- Sonic Drive-In
- Papa John's
- McDonald's
- Little Caesars
- China Quanjude
Highlights of The Food Service Restaurant 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:
- Full Service Restaurants
- Quick service restaurant
- Café and Bars
- 100% Home Delivery
- By Application:
- Independent Service Providers
- Chained Service Providers
- 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 Restaurant 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A food service restaurant is a business that provides food to customers. This can include restaurants that serve breakfast, lunch, dinner, or any other time of day.
Some of the major companies in the food service restaurant market are McDonald's, Yum! Brands, Subway, Seven & I, Burger King, Starbucks, Chipotle Mexican Grill, Dunkin' Donuts, Sonic Drive-In, Papa John's, McDonald's, Little Caesars, China Quanjude.
The food service restaurant market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Food Service Restaurant Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Food Service Restaurant Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Food Service Restaurant Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Food Service Restaurant Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Food Service Restaurant Market Size & Forecast, 2020-2028
4.5.1 Food Service Restaurant Market Size and Y-o-Y Growth
4.5.2 Food Service Restaurant Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Full Service Restaurants
5.2.2 Quick service restaurant
5.2.3 Café and Bars
5.2.4 100% Home Delivery
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Independent Service Providers
6.2.2 Chained Service Providers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Food Service Restaurant Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Food Service Restaurant Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Full Service Restaurants
9.6.2 Quick service restaurant
9.6.3 Café and Bars
9.6.4 100% Home Delivery
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Independent Service Providers
9.10.2 Chained Service Providers
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Full Service Restaurants
10.6.2 Quick service restaurant
10.6.3 Café and Bars
10.6.4 100% Home Delivery
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Independent Service Providers
10.10.2 Chained Service Providers
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Full Service Restaurants
11.6.2 Quick service restaurant
11.6.3 Café and Bars
11.6.4 100% Home Delivery
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Independent Service Providers
11.10.2 Chained Service Providers
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Full Service Restaurants
12.6.2 Quick service restaurant
12.6.3 Café and Bars
12.6.4 100% Home Delivery
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Independent Service Providers
12.10.2 Chained Service Providers
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Full Service Restaurants
13.6.2 Quick service restaurant
13.6.3 Café and Bars
13.6.4 100% Home Delivery
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Independent Service Providers
13.10.2 Chained Service Providers
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Food Service Restaurant Market: Competitive Dashboard
14.2 Global Food Service Restaurant Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 McDonald's
14.3.2 Yum! Brands
14.3.3 Subway
14.3.4 Seven & I
14.3.5 Burger King
14.3.6 Starbucks
14.3.7 Chipotle Mexican Grill
14.3.8 Dunkin' Donuts
14.3.9 Sonic Drive-In
14.3.10 Papa John's
14.3.11 McDonald's
14.3.12 Little Caesars
14.3.13 China Quanjude
