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Global Foodservice Market: Size, Trends & Forecasts (2021-2025 Edition)

Published on: Mar 2021 | From USD $850 | Published By: DAEDAL RESEARCH | Number Of Pages: 75

Scope of the Report

The report entitled “Global Foodservice Market: Size, Trends & Forecasts (2021-2025 Edition)” provides a detailed analysis of the global foodservice market with analysis of market by value, growth and segments.

The report also includes analysis of the food service market by value at the regional level encompassing Asia Pacific, Europe and Latin America regions. Under competitive landscape, players in North America food service market have been compared on the basis of the revenues generated.

Moreover, the report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall food service market has also been forecasted for the years 2021-2025, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

Aramark, Compass Group and Sodexo Group are some of the key players operating in the global food service market whose company profiling is done in the report. In this segment of the report, business overview, financial overview and the business strategies of the companies are provided.

Company Coverage

Aramark
Compass Group
Sodexo

Regional Coverage

Asia Pacific
Europe
Latin America

Executive Summary

The global food service market is split on the basis of three parameters namely outlet type, system type and end user. On the basis of outlet type, the market is sub segmented into full service restaurants, quick service restaurants, café and bars and fast casual restaurants. On the basis of system type, the market has been split into conventional, centralized, ready made and assembly service systems. On the basis of end users, the market has been sub divided into commercial and non commercial.

The global food service market is forecasted to grow at a healthy rate during the projected period (2021-2025). The market is supported by various growth drivers such as growing spending on food away from home (FAFH), inflation in demand for outsourcing services, spike in number of business and industries (B&I), surging global gross national income and expanding middle class population. The market also faces challenges such as catering to client expectations, increasing food safety issues and stringent regulatory laws.

Customization in food menu, fueling demand for healthy food, growing number of mergers and acquisitions (M&A), high demand for gluten free food and emergence of online food ordering platforms are some of the latest trends existing in the market.

1. Executive Summary

2. Introduction

2.1 Foodservice: An Overview
2.2 Foodservice Market: An Overview
2.3 Food Service Market Segments

2.3.1 On the Basis of Outlet Type
2.3.2 On the Basis of System Type
2.3.3 On the Basis of End User

3. Global Market Analysis

3.1 Global Food Service Market: An Analysis

3.1.1 Global Food Service Market by Value
3.1.2 Global Food Service Market by Region (Asia Pacific, Europe, Latin America and Rest of the World)

3.2 Global Food Service Market: Segment Analysis

3.2.1 Global Food Service Market by Outlet Type (Full Service Restaurants, Quick Service Restaurants and Others)
3.2.2 Global Full Service Restaurant Market by Value
3.2.3 Global Quick Service Restaurants (QSR) Market by Value

4. Regional Analysis

4.1 Asia Pacific Food Service Market: An Analysis
4.1.1 Asia Pacific Food Service Market by Value

4.2 Asia Pacific Food Service Market: Segment Analysis

4.2.1 Asia Pacific Food Service Market by Outlet Type (Full Service Restaurants, Quick Service Restaurants and Others)
4.2.2 Asia Pacific Full Service Restaurant Market by Value
4.2.3 Asia Pacific Quick Service Restaurant Market by Value

4.3 Asia Pacific Food Service Market: Country Analysis

4.3.1 Asia Pacific Food Service Market by Country (Developed Asia and Emerging Asia)
4.3.2 Emerging Asia Food Service Market by Country (China and Rest of Emerging Asia)

4.4 Emerging Asia Food Service Market: An Analysis
4.4.1 China Food Service Market by Value

4.5 Europe Food Service Market: An Analysis

4.5.1 Europe Food Service Market by Value
4.5.2 Europe Food Service Market by Sector
4.5.3 Europe Food Service Market by Countries (UK and Rest of Europe)
4.5.4 UK Food Service Market by Value
4.5.5 UK Food Service Market by Sector

4.6 Latin America Food Service Market: An Analysis

4.6.1 Latin America Food Service Market by Value
4.6.2 Latin Food Service Market by Sector
4.6.3 Latin Food Service Market by Countries (Brazil and Rest of Latin America)
4.6.4 Brazil Food Service Market by Value

5. Market Dynamics

5.1 Growth Drivers
5.1.1 Growing Spending on Food Away from Home (FAFH)
5.1.2 Inflation in Demand for Outsourced Services
5.1.3 Growing Number of Business & Industry
5.1.4 Rising Global Gross National Income
5.1.5 Growing Middle Class Population

5.2 Challenges
5.2.1 Catering to Client Expectations
5.2.2 Increasing Food Safety Issues
5.2.3 Stringent Regulatory Laws

5.3 Market Trends
5.3.1 More Customization In Food Menu
5.3.2 Fueling Demand for Healthier Food
5.3.3 Growing Mergers and Acquisitions (M&A)
5.3.4 High Demand For Gluten Free Food
5.3.5 Emergence of Online Food Ordering Platforms

6. Competitive Landscape

6.1 North America Food Service Market Players: An Analysis

7. Company Profiles

7.1 Armark
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategy

7.2 Compass Group
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategy

7.3 Sodexo Group
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategy

List of Figures

Figure 1: Food Service Market Segments
Figure 2: Global Food Service Market by Value; 2016-2020 (US$ Billion)
Figure 3: Global Food Service Market by Value; 2021-2025 (US$ Billion)
Figure 4: Global Food Service Market by Region;2020 (Percentage,%)
Figure 5: Global Food Service Market by Outlet Type; 2020 (Percentage,%)
Figure 6: Global Full Service Restaurant Market by Value; 2016-2020 (US$ Billion)
Figure 7: Global Full Service Restaurant Market by Value; 2021-2025 (US$ Billion)
Figure 8: Global Quick Service Restaurant Market by Value; 2016-2020 (US$ Billion)
Figure 9: Global Quick Service Restaurant Market by Value; 2021-2025 (US$ Billion)
Figure 10: Asia Pacific Food Service Market by Value; 2016-2020 (US$ Billion)
Figure 11: Asia Pacific Food Service Market by Value; 2021-2025 (US$ Billion)
Figure 12: Asia Pacific Food Service Market by Outlet Type; 2020 (Percentage,%)
Figure 13: Asia Pacific Full Service Restaurant Market by Value; 2016-2020 (US$ Billion)
Figure 14: Asia Pacific Full Service Restaurant Market by Value; 2021-2025 (US$ Billion)
Figure 15: Asia Pacific Quick Service Restaurant Market by Value; 2016-2020 (US$ Billion)
Figure 16: Asia Pacific Quick Service Restaurant Market by Value; 2021-2025 (US$ Billion)
Figure 17: Asia Pacific Food Service Market by Country; 2020 (Percentage,%)
Figure 18: Emerging Asia Food Service Market by Country; 2020 (Percentage,%)
Figure 19: China Food Service Market by Value; 2019-2025 (US$ Billion)
Figure 20: Europe Food Service Market by Value; 2019-2025 (US$ Billion)
Figure 21: Europe Food Service Market by Sector; 2020 (Percentage,%)
Figure 22: Europe Food Service Market by Countries; 2020 (Percentage,%)
Figure 23: UK Food Service Market by Value; 2019-2025 (US$ Billion)
Figure 24: UK Food Service Market by Sector; 2020 (Percentage,%)
Figure 25: Latin America Food Service Market; 2019-2025 (US$ Billion)
Figure 26: Latin America Food Service Market by Sector; 2020 (Percentage,%)
Figure 27: Latin America Food Service Market by Country; 2020 (Percentage,%)
Figure 28: Brazil Food Service Market; 2019-2025 (US$ Billion)
Figure 29: Average Annual Spending on FAFH in US; 2014-2019 (US$)
Figure 30: Global GNI per Capita; 2014-2019 (US$)
Figure 31: Global Middle Class Population; 2016-2028 (Billion)
Figure 32: Aramark Sales; 2016-2020 (US$ Billion)
Figure 33: Aramark Revenue by Segments; 2020 (Percentage,%)
Figure 34: Compass Group Revenue; 2016-2020 (US$ Billion)
Figure 35: Compass Group Revenue by Segments; 2020 (Percentage,%)
Figure 36: Compass Group Revenue by Geography; 2020 (Percentage.%)
Figure 37: Sodexo Revenue; 2016-2020 (US$ Billion)
Figure 38: Sodexo Revenue by Activity and Client Segment; 2020 (Percentage,%)
Figure 39: Sodexo Revenue by Geography; 2020 (Percentage,%)
Table 1: Food Service Market Based on Outlet Type
Table 2: Food Service Market on the Basis of System Type
Table 3: Food Service Market Based on End Users
Table 4: List of Select Mergers and Acquisitions in the Global Food Service Market; 2016-2018
Table 5: Contract Management Food Service Companies in North America Comparison

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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