Food and Beverages

Food Service Market

Global Industry Analysis and Forecast 2023-2030

Pages : 125

Base Year : 2022

Release Year : May 2024

Format : Pdf Ppt Xls

Report ID: KR 3

Author : Saket A.

Base Year

2022

Forecast Year

2023-2030

Historical Years

2018-2021

Market Value (2022)

USD 5,461.17 Billion

Forecasted Value (2030)

USD 6,791.31 Billion

CAGR (2023 - 2030)

2.82%

Fastest Growing Region (2023 - 2030)

Asia-Pacific

Largest Region

Asia-Pacific

By Service Type

Commercial, Non-Commercial

By Food System

Conventional, Ready Prepared, Centralized, Assembly Serve


TABLE OF CONTENT

1 Introduction of The Global Food Service Market 

1.1 Market Definition
1.2 Market Segmentation
1.3 Research Timelines
1.4 Limitations
1.5 Assumptions

2 Executive Summary

3 Research Methodology

3.1 Data Collection
3.1.1 Secondary Sources
3.1.2 Primary Sources
3.1.3 Research Flow
3.2 Subject Matter Expert Advice
3.3 Quality Check
3.4 Final Review
3.5 Bottom-Up Approach
3.6 Top-down Approach

4 Global Food Service Market Outlook

4.1 Market Evolution
4.2 Overview
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.3.4 Challenges
4.4 Pricing Analysis
4.5 Porter’s Five Forces Analysis
4.6 Value Chain Analysis
4.7 Macroeconomic Analysis

5 Impact of Russia-Ukraine War

6 Global Food Service Market, By Service Type

6.1 Overview
6.2 Commercial
6.3 Non-commercial

7 Global Food Service Market, By System Type

7.1 Overview
7.2 Conventional
7.3 Ready Prepared
7.4 Centralized
7.5 Assembly Serve

8 Global Food Service Market, By Geography

8.1 Overview

9 North America 

9.1 The U.S.
9.2 Canada
9.3 Mexico

10 Europe 

10.1 Germany
10.2 The U.K.
10.3 France
10.4 Italy
10.5 Spain
10.6 Russia
10.7 Rest of Europe

11 The Asia Pacific 

11.1 China
11.2 Japan
11.3 India
11.4 South Korea
11.5 Rest of Asia Pacific

12 Middle East & Africa 

12.1 GCC
12.2 South Africa
12.3 North Africa
12.4 Rest of Middle East & Africa

13 Latin America 

13.1 Brazil
13.2 Argentina
13.3 Rest of South America

14 Global Food Service Market Competitive Landscape

14.1 Overview
14.2 Key Developments
14.3 Key Strategic Developments
14.4 Company Market Ranking
14.5 Regional Footprint
14.6 Industry Footprint

15 Company Profiles

15.1 Wendy’s Company (Quality Is Our Recipe, LLC)
15.1.1 Key Facts
15.1.2 Financial Overview
15.1.3 Product Benchmarking
15.1.4 Recent Developments
15.1.5 Winning Imperatives
15.1.6 Current Focus & Strategies
15.1.7 Threat from competition
15.1.8 SWOT Analysis
15.2 Amoy Food Limited
15.2.1 Key Facts
15.2.2 Financial Overview
15.2.3 Product Benchmarking
15.2.4 Recent Developments
15.2.5 Winning Imperatives
15.2.6 Current Focus & Strategies
15.2.7 Threat from competition
15.2.8 SWOT Analysis
15.3 Aramark Corporation
15.3.1 Key Facts
15.3.2 Financial Overview
15.3.3 Product Benchmarking
15.3.4 Recent Developments
15.3.5 Winning Imperatives
15.3.6 Current Focus & Strategies
15.3.7 Threat from competition
15.3.8 SWOT Analysis
15.4 Compass Group PLC
15.4.1 Key Facts
15.4.2 Financial Overview
15.4.3 Product Benchmarking
15.4.4 Recent Developments
15.4.5 Winning Imperatives
15.4.6 Current Focus & Strategies
15.4.7 Threat from competition
15.4.8 SWOT Analysis
15.5 Darden Concepts, Inc.
15.5.1 Key Facts
15.5.2 Financial Overview
15.5.3 Product Benchmarking
15.5.4 Recent Developments
15.5.5 Winning Imperatives
15.5.6 Current Focus & Strategies
15.5.7 Threat from competition
15.5.8 SWOT Analysis
15.6 Domino's IP Holder LLC
15.6.1 Key Facts
15.6.2 Financial Overview
15.6.3 Product Benchmarking
15.6.4 Recent Developments
15.7 Mitchells & Butlers
15.7.1 Key Facts
15.7.2 Financial Overview
15.7.3 Product Benchmarking
15.7.4 Recent Developments
15.8 McDonald's
15.8.1 Key Facts
15.8.2 Financial Overview
15.8.3 Product Benchmarking
15.8.4 Recent Developments
15.9 Starbucks Coffee Company
15.9.1 Key Facts
15.9.2 Financial Overview
15.9.3 Product Benchmarking
15.9.4 Recent Developments

LIST OF TABLES

TABLE 1 Global Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 2 Global Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 3 Global Food Service Market Revenue, By Geography, 2020 – 2030 (USD Million)
TABLE 4 North America Food Service Market Revenue, By Country, 2020 – 2030 (USD Million)
TABLE 5 North America Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 6 North America Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 7 US Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 8 US Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 9 Canada Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 10 Canada Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 11 Mexico Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 12 Mexico Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 13 Europe Food Service Market Revenue, By Country, 2020 – 2030 (USD Million)
TABLE 14 Europe Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 15 Europe Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 16 Germany Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 17 Germany Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 18 France Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 19 France Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 20 U.K. Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 21 U.K. Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 22 Spain Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 23 Spain Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 24 Italy Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 25 Italy Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 26 Russia Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 27 Russia Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 28 Rest of Europe Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 29 Rest of Europe Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 30 Asia-Pacific Food Service Market Revenue, By Country, 2020 – 2030 (USD Million)
TABLE 31 Asia-Pacific Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 32 Asia-Pacific Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 33 China Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 34 China Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 35 Japan Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 36 Japan Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 37 India Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 38 India Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 39 South Korea Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 40 South Korea Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 41 Rest of Asia-Pacific Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 42 Rest of Asia-Pacific Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 43 Middle East and Africa Food Service Market Revenue, By Country, 2020 – 2030 (USD Million)
TABLE 44 Middle East and Africa Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 45 Middle East and Africa Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 46 GCC Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 47 GCC Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 48 North Africa Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 49 North Africa Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 50 South Africa Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 51 South Africa Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 52 Rest of Middle East & Africa Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 53 Rest of Middle East & Africa Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 54 Latin America Food Service Market Revenue, By Country, 2020 – 2030 (USD Million)
TABLE 55 Latin America Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 56 Latin America Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 57 Brazil Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 58 Brazil Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 59 Argentina Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 60 Argentina Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 61 Rest of Latin America Food Service Market Revenue, By Service Type, 2020 – 2030 (USD Million)
TABLE 62 Rest of Latin America Food Service Market Revenue, By System Type, 2020 – 2030 (USD Million)
TABLE 63 Company Market Ranking
TABLE 64 Regional Footprint
TABLE 65 Product Benchmarking
TABLE 66 Recent Developments
TABLE 67 Winning Imperatives

LIST OF FIGURES

FIG. 1 Market Segmentation
FIG. 2 Research Timeline
FIG. 3 Global Food Service Market 2020-2030 (USD Million)
FIG. 4 Global Food Service Market Geographical Analysis (CAGR %)
FIG. 5 Global Food Service Absolute Market Opportunity (USD Million)
FIG. 6 Global Food Service Market Attractiveness (USD Million)
FIG. 7 Global Food Service Market, By Service Type, 2020-2030 (USD Million)
FIG. 8 Global Food Service Market, By System Type, 2020-2030 (USD Million)
FIG. 9 Research Methodology
FIG. 10 Research Process
FIG. 11 Bottom-Up Approach
FIG. 12 Top-Bottom Approach
FIG. 13  Market Dynamics Overview
FIG. 14 Porter's Five Forces Analysis
FIG. 15 Value Chain Analysis
FIG. 16 Macroeconomic Analysis
FIG. 17 Global Food Service Market Revenue Share, By Service Type, 2020 and 2030 (%)
FIG. 18 Global Food Service Market Revenue Share, By System Type, 2020 and 2030 (%)
FIG. 19 Global Food Service Market Revenue Share, By Geographic Regions, 2020 and 2030 (%)
FIG. 20 Market Size and Projections, 2020 - 2030 (USD Million)
FIG. 21 North America Food Service Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 22 Market Size and Projections, 2020 - 2030 (USD Million)
FIG. 23 Europe Food Service Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 24 Market Size and Projections, 2020 - 2030 (USD Million)
FIG. 25 Asia-Pacific Food Service Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 26 Market Size and Projections, 2020 - 2030 (USD Million)
FIG. 27 Middle East & Africa Food Service Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 28 Market Size and Projections, 2020 - 2030 (USD Million)
FIG. 29 Latin America Food Service Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 30 Key Strategic Development
FIG. 31 Key Facts
FIG. 32 Financial Overview
FIG. 33 SWOT Analysis

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CUSTOMIZATION OFFERED
  • Check Icon Additional Company Profiles
  • Check Icon Additional Countries
  • Check Icon Cross Segment Analysis
  • Check Icon Regional Market Dynamics
  • Check Icon Country-Level Trend Analysis
  • Check Icon Competitive Landscape Customization
  • Check Icon Extended Forecast Years
  • Check Icon Historical Data Up to 5 Years
Frequently Asked Questions (FAQ's)
The global market is projected to reach USD 6,791 billion by 2030, growing at a CAGR of 2.82% from 2023 to 2030.
The global food service market was valued at USD 5,461 billion in 2022.
The global market is growing rapidly owing to the growing penetration of cultural cuisines offered by market participants, development of food regulatory standards, and changing consumer preferences.
Top manufacturers of food service market are Amoy Food Limited, Aramark Corporation, Compass Group PLC, Darden Concepts, Inc., Domino’s IP Holder LLC, Mitchells & Butlers, McDonald’s, Starbucks Coffee Company, Wendy’s Company (Quality Is Our Recipe, LLC) and others.
Asia-Pacific is the fastest growing region with the CAGR of 3.53% in the forecasted period (2023-2030) with the market value forecasted to reach at USD 6,791 billion by 2030
By service type, commercial holds the maximum share in the food service market with the revenue value of USD 5,288.2 billion by 2030.
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