Foodservice Market Size, Trends and Forecast 2031 with Top Countries Data (2024)

Foodservice Market Overview and Report Coverage with #108 Pages: - The global Foodservice market size was valued at USD 3613407.29 million in 2022 and is expected to expand at a CAGR of 3.82% during the forecast period, reaching USD 4524212.0 million by 2028. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment markets by type, application and region, and, as a result, provides a holistic view of, as well as a deep insight into the Foodservice market covering all its essential aspects. For the competitive landscape, the report also introduces players in the industry from the perspective of the market share, concentration ratio, etc., and describes the leading companies in detail, with which the readers can get a better idea of their competitors and acquire an in-depth understanding of the competitive situation. Further, mergers & acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts will all be considered. In a nutshell, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the market in any manner.

TOP Manufacturers Listed in Foodservice Market Report are: -

  • Chipotle Mexican Grill
  • HaiDiLao Hotpot
  • Dicos
  • Jollibee Foods
  • Zensho Holdings
  • CulinArt
  • Mr. Lee's
  • Darden Restaurants
  • Performance Food Group
  • Carl's Junior Restaurant
  • Wendy’s
  • Starbucks
  • Aramark
  • Compass Group
  • Domino's
  • Restaurant Brands International
  • White Castle Management
  • The Little Caesars
  • Autogrill
  • McDonald's
  • Sodexo
  • Yum!Brands
  • Brinker International Inc.
  • In-N-Out Burger

Based on product type: this report displays the production, revenue, price, and market share and growth rate of each type, primarily split into:

  • Conventional Foodservice System
  • Centralized Food Service System
  • Ready-Prepared Foodservice System
  • Assembly Serve Foodservice System
  • Others

On the basis of the end users/applications: this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including:

  • Restaurants
  • Employee Canteens
  • Airlines
  • Schools & Kindergarten
  • Nursing Homes
  • Others

Foodservice Market - Regional Analysis:

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Foodservice in these regions, from 2015 to 2027, covering

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil, Argentina, Columbia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Foodservice Market - Covid-19 Impact and Recovery Analysis:

We were monitoring the direct impact of covid-19 in this market, further to the indirect impact from different industries. This document analyzes the effect of the pandemic on the Foodservice market from a international and nearby angle. The document outlines the marketplace size, marketplace traits, and market increase for Foodservice industry, categorised with the aid of using kind, utility, and patron sector. Further, it provides a complete evaluation of additives concerned in marketplace improvement in advance than and after the covid-19 pandemic. Report moreover done a pestel evaluation within the business enterprise to study key influencers and boundaries to entry.

Our studies analysts will assist you to get custom designed info to your report, which may be changed in phrases of a particular region, utility or any statistical info. In addition, we're constantly inclined to conform with the study, which triangulated together along with your very own statistics to make the marketplace studies extra complete for your perspective.

Final Report will add the analysis of the impact of COVID-19 on this industry.

Detailed TOC of Global Foodservice Market Research Report, 2023-2030

1 Market Overview 1.1 Product Overview and Scope of Foodservice 1.2 Classification of Foodservice by Type 1.2.1 Overview: Global Foodservice Market Size by Type: 2017 Versus 2021 Versus 2030 1.2.2 Global Foodservice Revenue Market Share by Type in 2021 1.3 Global Foodservice Market by Application 1.3.1 Overview: Global Foodservice Market Size by Application: 2017 Versus 2021 Versus 2030 1.4 Global Foodservice Market Size and Forecast 1.5 Global Foodservice Market Size and Forecast by Region 1.6 Market Drivers, Restraints and Trends 1.6.1 Foodservice Market Drivers 1.6.2 Foodservice Market Restraints 1.6.3 Foodservice Trends Analysis

2 Company Profiles 2.1 Company 2.1.1 Company Details 2.1.2 Company Major Business 2.1.3 Company Foodservice Product and Solutions 2.1.4 Company Foodservice Revenue, Gross Margin and Market Share (2019, 2020, 2021,2023 and 2024) 2.1.5 Company Recent Developments and Future Plans

3 Market Competition, by Players 3.1 Global Foodservice Revenue and Share by Players (2019,2020,2021, 2023 and 2024) 3.2 Market Concentration Rate 3.2.1 Top3 Foodservice Players Market Share in 2021 3.2.2 Top 10 Foodservice Players Market Share in 2021 3.2.3 Market Competition Trend 3.3 Foodservice Players Head Office, Products and Services Provided 3.4 Foodservice Mergers and Acquisitions 3.5 Foodservice New Entrants and Expansion Plans

4 Market Size Segment by Type 4.1 Global Foodservice Revenue and Market Share by Type (2017-2023) 4.2 Global Foodservice Market Forecast by Type (2024-2031)

5 Market Size Segment by Application 5.1 Global Foodservice Revenue Market Share by Application (2017-2023) 5.2 Global Foodservice Market Forecast by Application (2024-2031)

6 Regions by Country, by Type, and by Application 6.1 Foodservice Revenue by Type (2017-2031) 6.2 Foodservice Revenue by Application (2017-2030) 6.3 Foodservice Market Size by Country 6.3.1 Foodservice Revenue by Country (2017-2030) 6.3.2 United States Foodservice Market Size and Forecast (2017-2031) 6.3.3 Canada Foodservice Market Size and Forecast (2017-2031) 6.3.4 Mexico Foodservice Market Size and Forecast (2017-2031)

7 Research Findings and Conclusion

8 Appendix 8.1 Methodology 8.2 Research Process and Data Source 8.3 Disclaimer

9 Research Methodology

10 Conclusion

Continued….

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Foodservice Market Size, Trends and Forecast 2031 with Top Countries Data (2024)

FAQs

How big is the food industry market in 2030? ›

Based on packaged food market forecast by distribution channel, the hypermarkets/supermarkets segment was the highest contributor to the market, with $182.3 billion in 2020, and is estimated to reach $315.3 billion by 2030, at a CAGR of 4.9% during the forecast period.

What is the growth forecast for food service? ›

United States Foodservice Market Analysis. The United States Foodservice Market size is estimated at 0.82 trillion USD in 2024, and is expected to reach 1.37 trillion USD by 2029, growing at a CAGR of 10.74% during the forecast period (2024-2029).

What is the outlook for the foodservice market? ›

Globally, the foodservice industry will grow 16.5% in 2023, reaching a value of US$3.6 trillion. The overall value has surpassed 2019 levels, and the industry can be considered fully recovered (at least in value) from the effects of the pandemic.

How big is the food industry in the US? ›

The foodservice and food retailing industries supplied about $2.11 trillion worth of food in 2021 and $2.39 trillion in 2022. Of this total, $1.16 trillion was supplied by foodservice facilities in 2021 and $1.34 trillion in 2022.

Which industry will grow the most in 2030? ›

In the next decade, computing will become the cornerstone of the intelligent world and continue to support economic development and scientific advances. In 2030, the digital and physical worlds will be seamlessly converged. People and machines will interact with each other perceptually and emotionally.

What is the fastest growing food industry in the world? ›

Aquaculture has been the world's fastest-growing food production system for decades, and is now providing more fish than wild capture fisheries for human consumption. While critical to meet future demand for protein, such growth comes with environmental challenges.

What are the major market segments in the foodservice industry? ›

The restaurant and foodservice industry can be divided into two major parts or segments: commercial and noncommercial. The commercial segment makes up almost 80 percent of the restaurant and foodservice industry. Below are the types of food service operations included in this segment.

What is the fast food industry forecast? ›

KEY MARKET INSIGHTS

The global fast food market size was USD 862.05 billion in 2020 and is projected to grow from USD 972.74 billion in 2021 to USD 1,467.04 billion by 2028 at a CAGR of 6.05% during the 2021-2028 period.

What challenges face the foodservice industry today? ›

Risks of contamination, foodborne illnesses, and strict regulatory standards are the driving forces behind concerns about food safety and quality in the food and beverage business. Cold chain management is especially a major challenge for the food industry.

What country has the biggest food industry? ›

China is the world's largest grain producer, yet has grown more dependent on food imports in recent decades. Much of India's output is produced by subsistence farmers and consumed locally. The U.S. is the world's top food exporter thanks to high crop yields and extensive agricultural infrastructure.

What is the projection for the food industry? ›

Revenue in the Food market amounts to US$833.10bn in 2024. The market is expected to grow annually by 4.18% (CAGR 2024-2028).

Is the food industry growing or declining? ›

Between 2017 and 2022 food manufacturing jobs grew 6.6% in the US compared to 3.8% for all sectors, with an additional 8% projected growth from 2022-2027, again outpacing the overall economy.

How will food be in 2030? ›

In 2030, meat consumption will likely decline, replaced by innovative plant-based protein sources like lab-grown meat, insect-based insect-based protein, and high-protein plant-based foods like legumes and mushrooms.

What is the future of food market? ›

Among the many forces changing the global food market are: Demographics— The world's population is on track to increase from 8 billion today to 9.2 billion in 2040. At the same time, millions are seeing their incomes rise, allowing them to increase and diversify their food consumption.

What is the demand for food by 2050? ›

Global food demand will increase by more than 50 percent in 2050, but due to climate change, agriculture yields of major crops could decrease over that same period. This dangerous combination could lead to price spikes, food insecurity, social unrest, political tensions, and conflict.

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