Foodservice Market to Register USD 10.13 Bn Growth, Segmentation by Food Service, Sector and Geography - Technavio

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Sep 22, 2022, 03:00 ET

NEW YORK, Sept. 22, 2022 /PRNewswire/ -- According to the research report, the Foodservice Market will witness a YOY growth of 27.98% in 2022 at a CAGR of 28.15% during the forecast period. The foodservice market report also offers information on several market vendors, including Abela and Co. LLC, Aramark, Chick-fil-A Inc., Compass Group Plc, Dominos Pizza Inc., FOOD and LIFE COMPANIES Ltd., Inspire Brands Inc., Jack in the Box Inc., Jollibee Foods Corp., McDonald Corp., MOS Food Services Inc., Papa Johns International Inc., Performance Food Group Co., and YUM Brands Inc. among others.

Technavio has announced its latest market research report titled Global Foodservice Market 2022-2026

For more insights on YOY and CAGR, Read FREE Sample Report.

Key Segment Analysis

Foodservice

Conventional
Centralized
Ready-prepared
Assembly-serve

Sector

Commercial
Non-commercial

Geography

APAC
North America
Europe
South America
The Middle East And Africa

APAC will account for 43% of market growth. The main markets in APAC for food services are China, Japan, and India. This region's market will grow more quickly than other regions' markets. With more time-crunched and busy consumers, there is a growing need for convenience, which in turn is impacting the demand for quick-to-prepare meal alternatives that will support the expansion of the food service market in APAC during the projection period.

The traditional sector will significantly increase its market share in the food service industry. The traditional food service system ensures that the food is produced freshly and is tailored to the preferences of the clients.

The traditional method of preparing food allows for direct service to dining areas or lunch counters. Customers can choose from a variety of menu items and freshly prepared cuisine in this system. During the projected period, these benefits are likely to fuel the rise of the traditional segment of the global food service market. Buy Sample Report.

Vendor Insights

Global Foodservice Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

Abela and Co. LLC
Aramark
Chick fil A Inc.
Compass Group Plc
Dominos Pizza Inc.
FOOD and LIFE COMPANIES Ltd.
Inspire Brands Inc.
Jack in the Box Inc.
Jollibee Foods Corp.
Little Caesar Enterprises Inc.
McDonald Corp.

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Download Free Sample Report.

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Foodservice Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 28.15%
Market growth 2022-2026	$ 10.13 billion
Market structure	Fragmented
YoY growth (%)	27.98
Regional analysis	APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution	APAC at 43%
Key consumer countries	US, China, Japan, India, and Germany
Competitive landscape	Leading companies, Competitive Strategies, Consumer engagement scope
Key companies profiled	Abela and Co. LLC, Aramark, Chick-fil-A Inc., Compass Group Plc, Dominos Pizza Inc., FOOD and LIFE COMPANIES Ltd., Inspire Brands Inc., Jack in the Box Inc., Jollibee Foods Corp., Little Caesar Enterprises Inc., McDonald Corp., MOS Food Services Inc., Papa Johns International Inc., Performance Food Group Co., Restaurant Brands International Inc., Sodexo SA, Starbucks Co., Sysco Corp., The Wendys Co., and YUM Brands Inc.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio "Consumer Discretionary" Research Reports

Table of Contents

1 Executive Summary

1.1 Market Overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Foodservice System
Exhibit 06: Executive Summary – Chart on Market Segmentation by Sector
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 13: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 18: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Foodservice System

5.1 Market segments

Exhibit 25: Chart on Foodservice System - Market share 2021-2026 (%)
Exhibit 26: Data Table on Foodservice System - Market share 2021-2026 (%)

5.2 Comparison by Foodservice System

Exhibit 27: Chart on Comparison by Foodservice System
Exhibit 28: Data Table on Comparison by Foodservice System

5.3 Conventional - Market size and forecast 2021-2026

Exhibit 29: Chart on Conventional - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Data Table on Conventional - Market size and forecast 2021-2026 ($ million)
Exhibit 31: Chart on Conventional - Year-over-year growth 2021-2026 (%)
Exhibit 32: Data Table on Conventional - Year-over-year growth 2021-2026 (%)

5.4 Centralized - Market size and forecast 2021-2026

Exhibit 33: Chart on Centralized - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Data Table on Centralized - Market size and forecast 2021-2026 ($ million)
Exhibit 35: Chart on Centralized - Year-over-year growth 2021-2026 (%)
Exhibit 36: Data Table on Centralized - Year-over-year growth 2021-2026 (%)

5.5 Ready-prepared - Market size and forecast 2021-2026

Exhibit 37: Chart on Ready-prepared - Market size and forecast 2021-2026 ($ million)
Exhibit 38: Data Table on Ready-prepared - Market size and forecast 2021-2026 ($ million)
Exhibit 39: Chart on Ready-prepared - Year-over-year growth 2021-2026 (%)
Exhibit 40: Data Table on Ready-prepared - Year-over-year growth 2021-2026 (%)

5.6 Assembly-serve - Market size and forecast 2021-2026

Exhibit 41: Chart on Assembly-serve - Market size and forecast 2021-2026 ($ million)
Exhibit 42: Data Table on Assembly-serve - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Chart on Assembly-serve - Year-over-year growth 2021-2026 (%)
Exhibit 44: Data Table on Assembly-serve - Year-over-year growth 2021-2026 (%)

5.7 Market opportunity by Foodservice System

Exhibit 45: Market opportunity by Foodservice System ($ million)

6 Market Segmentation by Sector

6.1 Market segments

Exhibit 46: Chart on Sector - Market share 2021-2026 (%)
Exhibit 47: Data Table on Sector - Market share 2021-2026 (%)

6.2 Comparison by Sector

Exhibit 48: Chart on Comparison by Sector
Exhibit 49: Data Table on Comparison by Sector

6.3 Commercial - Market size and forecast 2021-2026

Exhibit 50: Chart on Commercial - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on Commercial - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on Commercial - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on Commercial - Year-over-year growth 2021-2026 (%)

6.4 Non-Commercial - Market size and forecast 2021-2026

Exhibit 54: Chart on Non-Commercial - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on Non-Commercial - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on Non-Commercial - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Non-Commercial - Year-over-year growth 2021-2026 (%)

6.5 Market opportunity by Sector

Exhibit 58: Market opportunity by Sector ($ million)

7 Customer Landscape

7.1 Customer landscape overview

Exhibit 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

8.1 Geographic segmentation

Exhibit 60: Chart on Market share by geography 2021-2026 (%)
Exhibit 61: Data Table on Market share by geography 2021-2026 (%)

8.2 Geographic comparison

Exhibit 62: Chart on Geographic comparison
Exhibit 63: Data Table on Geographic comparison

8.3 APAC - Market size and forecast 2021-2026

Exhibit 64: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 65: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 66: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 67: Data Table on APAC - Year-over-year growth 2021-2026 (%)

8.4 North America - Market size and forecast 2021-2026

Exhibit 68: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 69: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 70: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 71: Data Table on North America - Year-over-year growth 2021-2026 (%)

8.5 Europe - Market size and forecast 2021-2026

Exhibit 72: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 73: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 74: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 75: Data Table on Europe - Year-over-year growth 2021-2026 (%)

8.6 South America - Market size and forecast 2021-2026

Exhibit 76: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 77: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 78: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 79: Data Table on South America - Year-over-year growth 2021-2026 (%)

8.7 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 80: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 81: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 82: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 83: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

8.8 China - Market size and forecast 2021-2026

Exhibit 84: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 85: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 86: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 87: Data Table on China - Year-over-year growth 2021-2026 (%)

8.9 US - Market size and forecast 2021-2026

Exhibit 88: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 89: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 90: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 91: Data Table on US - Year-over-year growth 2021-2026 (%)

8.10 Germany - Market size and forecast 2021-2026

Exhibit 92: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 93: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 94: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 95: Data Table on Germany - Year-over-year growth 2021-2026 (%)

8.11 Japan - Market size and forecast 2021-2026

Exhibit 96: Chart on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 97: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 98: Chart on Japan - Year-over-year growth 2021-2026 (%)
Exhibit 99: Data Table on Japan - Year-over-year growth 2021-2026 (%)

8.12 India - Market size and forecast 2021-2026

Exhibit 100: Chart on India - Market size and forecast 2021-2026 ($ million)
Exhibit 101: Data Table on India - Market size and forecast 2021-2026 ($ million)
Exhibit 102: Chart on India - Year-over-year growth 2021-2026 (%)
Exhibit 103: Data Table on India - Year-over-year growth 2021-2026 (%)

8.13 Market opportunity by geography

Exhibit 104: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

9.1 Market drivers

9.2 Market challenges

9.3 Impact of drivers and challenges

Exhibit 105: Impact of drivers and challenges in 2021 and 2026

9.4 Market trends

10 Vendor Landscape

10.1 Overview

10.2 Vendor landscape

Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

10.3 Landscape disruption

Exhibit 107: Overview on factors of disruption

10.4 Industry risks

Exhibit 108: Impact of key risks on business

11 Vendor Analysis

11.1 Vendors covered

Exhibit 109: Vendors covered

11.2 Market positioning of vendors

Exhibit 110: Matrix on vendor position and classification

11.3 Aramark

Exhibit 111: Aramark - Overview
Exhibit 112: Aramark - Business segments
Exhibit 113: Aramark - Key offerings
Exhibit 114: Aramark - Segment focus

11.4 Compass Group Plc

Exhibit 115: Compass Group Plc - Overview
Exhibit 116: Compass Group Plc - Business segments
Exhibit 117: Compass Group Plc - Key offerings
Exhibit 118: Compass Group Plc - Segment focus

11.5 Dominos Pizza Inc.

Exhibit 119: Dominos Pizza Inc. - Overview
Exhibit 120: Dominos Pizza Inc. - Business segments
Exhibit 121: Dominos Pizza Inc. - Key news
Exhibit 122: Dominos Pizza Inc. - Key offerings
Exhibit 123: Dominos Pizza Inc. - Segment focus

11.6 Inspire Brands Inc.

Exhibit 124: Inspire Brands Inc. - Overview
Exhibit 125: Inspire Brands Inc. - Product / Service
Exhibit 126: Inspire Brands Inc. - Key offerings

11.7 McDonald Corp.

Exhibit 127: McDonald Corp. - Overview
Exhibit 128: McDonald Corp. - Product / Service
Exhibit 129: McDonald Corp. - Key news
Exhibit 130: McDonald Corp. - Key offerings

11.8 Performance Food Group Co.

Exhibit 131: Performance Food Group Co. - Overview
Exhibit 132: Performance Food Group Co. - Business segments
Exhibit 133: Performance Food Group Co. - Key offerings
Exhibit 134: Performance Food Group Co. - Segment focus

11.9 Restaurant Brands International Inc.

Exhibit 135: Restaurant Brands International Inc. - Overview
Exhibit 136: Restaurant Brands International Inc. - Business segments
Exhibit 137: Restaurant Brands International Inc. - Key news
Exhibit 138: Restaurant Brands International Inc. - Key offerings
Exhibit 139: Restaurant Brands International Inc. - Segment focus

11.10 Sodexo SA

Exhibit 140: Sodexo SA - Overview
Exhibit 141: Sodexo SA - Business segments
Exhibit 142: Sodexo SA - Key news
Exhibit 143: Sodexo SA - Key offerings
Exhibit 144: Sodexo SA - Segment focus

11.11 Starbucks Co.

Exhibit 145: Starbucks Co. - Overview
Exhibit 146: Starbucks Co. - Business segments
Exhibit 147: Starbucks Co. - Key news
Exhibit 148: Starbucks Co. - Key offerings
Exhibit 149: Starbucks Co. - Segment focus

11.12 YUM Brands Inc.

Exhibit 150: YUM Brands Inc. - Overview
Exhibit 151: YUM Brands Inc. - Business segments
Exhibit 152: YUM Brands Inc. - Key news
Exhibit 153: YUM Brands Inc. - Key offerings
Exhibit 154: YUM Brands Inc. - Segment focus

12 Appendix

12.1 Scope of the report

12.2 Inclusions and exclusions checklist

Exhibit 155: Inclusions checklist
Exhibit 156: Exclusions checklist

12.3 Currency conversion rates for US$

Exhibit 157: Currency conversion rates for US$

12.4 Research methodology

Exhibit 158: Research methodology
Exhibit 159: Validation techniques employed for market sizing
Exhibit 160: Information sources

12.5 List of abbreviations

Exhibit 161: List of abbreviations

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