Food Service Market
Food Service Market - Global Industry Assessment & Forecast
Segments Covered
- By Type Full Service Restaurants, Quick Service Restaurants, Institutes, Others
- By Service Type Commercial, Institutional
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 2761.47 Billion |
Revenue 2030: | USD 5833.88 Billion |
Revenue CAGR (2023 - 2030): | 9.80% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
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Executive Dashboard
- Strategic Imperatives
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Premium Insights
- Top 3 Trends to Watch
- Demand and Supply Trends
- Top 3 Strategies Followed by Major Players
- Top 3 Predictions by Vantage Market Research
- Top Investment Pockets
- Insights from Primary Respondents
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Global Food Service Market - Segment Analysis
- Overview
- Global Food Service Market, 2016 - 2028 (USD Million)
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Global Food Service Market - by Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
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Global Food Service Market - by Service Type
- By Commercial
- By Institutional
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Global Food Service Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
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North America Food Service Market - Segment Analysis
- Overview
- North America Food Service Market, 2016 - 2028 (USD Million)
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North America Food Service Market, by Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
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North America Food Service Market, by Service Type
- By Commercial
- By Institutional
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North America Food Service Market, by Country
- U.S.
- U.S. Food Service Market, By Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
- U.S. Food Service Market, By Service Type
- By Commercial
- By Institutional
- U.S. Food Service Market, By Type
- Canada
- Canada Food Service Market, By Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
- Canada Food Service Market, By Service Type
- By Commercial
- By Institutional
- Canada Food Service Market, By Type
- Mexico
- Mexico Food Service Market, By Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
- Mexico Food Service Market, By Service Type
- By Commercial
- By Institutional
- Mexico Food Service Market, By Type
- U.S.
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Europe Food Service Market - Segment Analysis
- Overview
- Europe Food Service Market, 2016 - 2028 (USD Million)
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Europe Food Service Market, by Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
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Europe Food Service Market, by Service Type
- By Commercial
- By Institutional
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Europe Food Service Market, by Country
- Germany
- Germany Food Service Market, By Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
- Germany Food Service Market, By Service Type
- By Commercial
- By Institutional
- Germany Food Service Market, By Type
- UK
- UK Market, By Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
- UK Market, By Service Type
- By Commercial
- By Institutional
- UK Market, By Type
- France
- France Food Service Market, By Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
- France Food Service Market, By Service Type
- By Commercial
- By Institutional
- France Food Service Market, By Type
- Spain
- Spain Food Service Market, By Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
- Spain Food Service Market, By Service Type
- By Commercial
- By Institutional
- Spain Food Service Market, By Type
- Italy
- Italy Food Service Market, By Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
- Italy Food Service Market, By Service Type
- By Commercial
- By Institutional
- Italy Food Service Market, By Type
- BENELUX
- BENELUX Food Service Market, By Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
- BENELUX Food Service Market, By Service Type
- By Commercial
- By Institutional
- BENELUX Food Service Market, By Type
- Rest of Europe
- Rest Of Europe Food Service Market, By Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
- Rest Of Europe Food Service Market, By Service Type
- By Commercial
- By Institutional
- Rest Of Europe Food Service Market, By Type
- Germany
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Asia Pacific Food Service Market - Segment Analysis
- Overview
- Asia Pacific Food Service Market, 2016 - 2028 (USD Million)
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Asia Pacific Food Service Market, by Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
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Asia Pacific Food Service Market, by Service Type
- By Commercial
- By Institutional
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Asia Pacific Food Service Market, by Country
- China
- China Food Service Market, By Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
- China Food Service Market, By Service Type
- By Commercial
- By Institutional
- China Food Service Market, By Type
- Japan
- Japan Food Service Market, By Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
- Japan Food Service Market, By Service Type
- By Commercial
- By Institutional
- Japan Food Service Market, By Type
- India
- India Food Service Market, By Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
- India Food Service Market, By Service Type
- By Commercial
- By Institutional
- India Food Service Market, By Type
- South Korea
- South Korea Food Service Market, By Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
- South Korea Food Service Market, By Service Type
- By Commercial
- By Institutional
- South Korea Food Service Market, By Type
- South East Asia
- South East Asia Food Service Market, By Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
- South East Asia Food Service Market, By Service Type
- By Commercial
- By Institutional
- South East Asia Food Service Market, By Type
- Rest of Asia Pacific
- Rest of Asia Pacific Food Service Market, By Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
- Rest of Asia Pacific Food Service Market, By Service Type
- By Commercial
- By Institutional
- Rest of Asia Pacific Food Service Market, By Type
- China
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Latin America Food Service Market - Segment Analysis
- Overview
- Latin America Food Service Market, 2016 - 2028 (USD Million)
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Latin America Food Service Market, by Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
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Latin America Food Service Market, by Service Type
- By Commercial
- By Institutional
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Latin America Food Service Market, by Country
- Brazil
- Brazil Food Service Market, By Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
- Brazil Food Service Market, By Service Type
- By Commercial
- By Institutional
- Brazil Food Service Market, By Type
- Argentina
- Argentina Food Service Market, By Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
- Argentina Food Service Market, By Service Type
- By Commercial
- By Institutional
- Argentina Food Service Market, By Type
- Rest of Latin America
- Rest of Latin America Food Service Market, By Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
- Rest of Latin America Food Service Market, By Service Type
- By Commercial
- By Institutional
- Rest of Latin America Food Service Market, By Type
- Brazil
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Middle East & Africa Food Service Market - Segment Analysis
- Overview
- Middle East & Africa Food Service Market, 2016 - 2028 (USD Million)
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Middle East & Africa Food Service Market, by Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
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Middle East & Africa Food Service Market, by Service Type
- By Commercial
- By Institutional
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Middle East & Africa Food Service Market, by Country
- GCC Countries
- GCC Countries Food Service Market, By Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
- GCC Countries Food Service Market, By Service Type
- By Commercial
- By Institutional
- GCC Countries Food Service Market, By Type
- South Africa
- South Africa Food Service Market, By Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
- South Africa Food Service Market, By Service Type
- By Commercial
- By Institutional
- South Africa Food Service Market, By Type
- Rest of Middle East & Africa
- Rest of Middle East & Africa Food Service Market, By Type
- By Full Service Restaurants
- By Quick Service Restaurants
- By Institutes
- By Others
- Rest of Middle East & Africa Food Service Market, By Service Type
- By Commercial
- By Institutional
- Rest of Middle East & Africa Food Service Market, By Type
- GCC Countries
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Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter's Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
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COVID 19 Impact Analysis
- Key strategies undertaken by companies to tackle COVID-19
- Short term dynamics
- Long term dynamics
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Marketing Stratagy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
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Competative Landscape
- Competition Matrix - 2021
- Company Market Share Analysis - 2021
- Key Company Activities, 2018 - 2021
- Strategic Developments - Heat Map Analysis
- Company Offering Evaluation
- Company Regional Presence Evaluation
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Company Profiles
- McDonald's (Illinois - United States)
- Starbucks (Washington - U.S.)
- Marriott International (Maryland - U.S.)
- Subway (Connecticut - U.S.)
- Hyatt Hotels Corporation (Illinois - U.S.)
- Hilton Worldwide (Virginia - U.S.)
- KFC (Kentucky - U.S.)
- Burger King (Florida - U.S.)
- Pizza Hut (Texas - U.S.)
- Domino's (Michigan - U.S.)
- Key Primary Respondents - VERBATIM
- Discussion Guide
- Customization Offered
- Annexure
- List of Figures
- List of Tables
- List of Abbreviations
FAQ
Frequently Asked Question
What is the global demand for Food Service in terms of revenue?
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The global Food Service valued at USD 2761.47 Billion in 2022 and is expected to reach USD 5833.88 Billion in 2030 growing at a CAGR of 9.80%.
Which are the prominent players in the market?
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The prominent players in the market are McDonald's (Illinois - United States), Starbucks (Washington - U.S.), Marriott International (Maryland - U.S.), Subway (Connecticut - U.S.), Hyatt Hotels Corporation (Illinois - U.S.), Hilton Worldwide (Virginia - U.S.), KFC (Kentucky - U.S.), Burger King (Florida - U.S.), Pizza Hut (Texas - U.S.), Domino's (Michigan - U.S.).
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 9.80% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Food Service include
- Increasing Demand Of Food Services In Institute Levels Boosts Growth Of Market
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Food Service in 2022.