Chained Consumer Foodservice Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

The global chained consumer foodservice market is on an upward trajectory, with forecasts indicating remarkable growth from US$ 932 billion in 2024 to an impressive US$ 1,268 billion by 2031.

Driving Forces: Technology and Convenience

The significant growth of the chained consumer foodservice market is attributed to the successful implementation of technology, which involves substantial investments in modern facilities and the increasingly popular door-to-door food delivery services.

Key Trends Shaping the Chained Consumer Foodservice Market

Customization of Food Menus: The market is experiencing a shift towards fresh, innovative, and customized food offerings, particularly in the fast-casual foodservice segment. Restaurants and hotels are now focusing on tailoring their solutions to meet the unique preferences of consumers. The "mix-and-match" and "make it for me" trends are permeating various segments of the chained consumer foodservice industry, appealing to millennials and other generations seeking new and inventive flavors and ingredients. This adaptability to evolving consumer preferences has become a cornerstone of revenue growth, with a strong emphasis on healthy food choices, conservation, and environmental sustainability.

Demand for Take-Out Food: Take-out food is witnessing increased demand as modern consumers prioritize convenience and crave higher-quality food with greater variety compared to traditional fast-food options. Over 50% of restaurant operators with average check sizes ranging from US$ 8 to US$ 25 report a surge in take-out orders. To cater to this growing demand, operators are enhancing the take-out experience, with some even introducing curbside systems for seamless order pickup. Additionally, self-service kiosks are becoming more prevalent, improving service speed and cost-effectiveness.

Urbanization and Growing Middle-Class Population: Booming economies, driven by urbanization, population growth, and rising incomes, are fueling the expansion of the chained consumer foodservice market. The burgeoning middle class is willing to invest in premium, healthier, safer, and performance-driven food products. Rising per capita disposable incomes are enabling customers to spend more on high-quality food items, particularly those rich in nutrition and protein, thereby driving global demand for chained consumer foodservice.

Challenges Faced: High Real Estate and Labor Costs: Real estate costs, including rentals, rank among the significant cost factors for foodservice outlets, typically accounting for 12-15% (or even up to 20%) of total revenue. This leads to poor productivity and inadequate wages, necessitating higher labor costs. Additionally, high labor and property costs, coupled with substantial property service taxes, are squeezing store profitability and discouraging further growth. The industry grapples with issues related to land quality, land ceilings, floor space indices (FSI), and approval delays.

Asia Leads the Way

In the Asian market, China and India stand out as the primary targets for foodservice players due to their large populations and growing fast-food cultures. China holds the highest value share in the Asia chained consumer foodservice market.

U.S. Sales Outlook

The U.S. market is expected to witness a 4.0% growth in the coming years, driven by the strong demand for fast food products in the country.

Competitive Landscape

The chained consumer foodservice industry is moderately fragmented, with competitors focusing on product differentiation to cater to the increasing demand for nutritious food. In this highly competitive environment, players are concentrating on building strong brands, expanding internationally, and adopting multi-branding strategies to remain competitive on a global scale.

Key Companies Profiled

• Yum! Brands, Inc.
• Compass Group PLC
• Starbucks Corporation
• Aramark Corporation
• Darden Restaurants, Inc.
• Chipotle Mexican Grill, Inc.
• Restaurant Brands International Inc.
• Brinker International Inc.
• Panera Bread Company, Inc.
• Dunkin’ Brands Group PLC
• McDonalds Corp
• Steven & I Holdings Co Ltd
• Domino’s Pizza
• Wendy’s Co
• In-N-Out Burgers
• Papa Murphy’s International LLC

Chained Consumer Foodservice Industry Research by Category

By Outlet Type:

• Cafes/Bars
• Full-service Restaurants
• Fast Food
• 100% Home Delivery/Takeaway
• Self-service Caféterias
• Street Stalls/Kiosks

By Location:

• Standalone
• Retail
• Travel
• Leisure
• Hotels

By Service Type

• Conventional Foodservice
• Ready-Prepared Foodservice
• Commissary Foodservice
• Assembly/
• Serve Foodservice

By Region:

• North America
• Latin America
• Europe
• South Asia & Pacific
• East Asia
• Middle East & Africa

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