Report forecast the global foodservice market to
grow at a CAGR of 4.48% during the period 2016-2020.
Foodservice refers to the sale of foods and
beverages that have been prepared out-of-home for immediate consumption either
on the premises from where they are purchased or for takeaway and home
delivery. Over the years, commercial foodservice places like restaurants and
cafés have emerged as a convenient place for teenagers, families, and young
working professionals to socialize.
The report covers the present scenario and the
growth prospects of the global foodservice market for 2016-2020. To calculate
the market size, the report considers the revenue generated through both
commercial and non-commercial foodservice sectors.
The market is divided into the following
segments based on geography:
- APAC
- Europe
- North America
- ROW
According to the report, a key growth driver is the
growing innovation and customization in food menus. The main impetus for
customization is growing importance of diet — whether it is a medical
condition, a food allergy, or a weight reduction plan. Consumers prefer to have
the option to customize their menu choices to their tastes. Getting the exact
flavor aids foodservice vendors in increasing the probability of repeat
customer visits. Consumers now prefer to customize their meals to suit their
needs irrespective of the time of day or what is on the menu.
Further, the report states that one challenge that
could hamper market growth is the threat of contaminated raw materials.
Global Foodservice Market 2016-2020, has
been prepared based on an in-depth market analysis with inputs from industry
experts. The report covers the market landscape and its growth prospects over
the coming years. The report also includes a discussion of the key vendors
operating in this market.
key players in the global foodservice market:
Aramark Corporation, Compass Group North America, Domino’s Guest Services,
McDonald’s, Restaurant Brands International, Sodexo, Starbucks, and Yum!
Brands.
Other Prominent Vendors in the market are: Abela
& Co, Arby's Restaurant Group, Autogrill Group, AVI Foodsystems, Ben E.
Keith, BiRite Foodservice Distributors, Bon Appétit Management, Brock & Co.
CulinArt, Carl's Jr. Restaurants, Church’s Chicken, Dairy Queen, Del Taco
Restraurants, Dicos, Gordon Food Service, In-N-Out Burger, Jack in the Box,
Jollibee Foods, Little Caesars, MOS Food Services, Mr. Lee, Papa John’s,
Popeyes Louisiana Kitchen, Services Group of America, Sonic Drive-In, Sysco
Corporation, Telepizza, Truitt Bros, Whataburger, and White Castle.
Market driver
- Growing innovation and customization in food menus
- For a full, detailed list, view our report
Market challenge
- Threat of contamination of raw materials
- For a full, detailed list, view our report
Market trend
- Embracing technology
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 99 pages and 52 Exhibit “Global
Foodservice Market 2016 - 2020” report covers Executive summary, Scope of the
report, Market research methodology, Introduction, Market landscape, Market
segmentation by sector, Market growth opportunity assessment for key
foodservice sectors, Market growth outlook of various types of foodservice
systems, Geographical segmentation, Key leading countries, Market drivers,
Impact of drivers, Market challenges, Impact of drivers and challenges, Market
trends, Competitor analysis.
For
more information Visit at: http://mrr.cm/JBW
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