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FEATURED COMPANIES
- Aramark
- Compass Group Plc
- Domino’s Pizza Inc.
- Inspire Brands Inc.
- McDonald's Corp.
- Sodexo Group
- MORE
Global Foodservice Market: About this market
The author's foodservice market analysis considers sales from conventional, centralized, ready-prepared, and assembly-serve foodservice systems. Our study also finds the sales of foodservice in APAC, Europe, MEA, North America, and South America. In 2019, the conventional segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the provision of freshly prepared food and flexible menu options will play a significant role in the conventional segment to maintain its market position. Also, our global foodservice market report looks at factors such as increasing demand for food away from home, growth of fast-food market, rising demand for mobile food service. However, labor shortages in foodservice sector, increasing health concerns, and stringent government regulations may hamper the growth of the foodservice industry over the forecast period.
Global Foodservice Market: Overview
Rising demand for mobile food service
The rising popularity of trailers, food trucks, carts, and food stands is driving the mobile foodservice market. These mobile foodservice outlets tend to succeed more compared to conventional restaurants, primarily due to low yearly overhead costs, low initial capital investments, and the rising popularity of street food among the urban young population. Furthermore, mobile foodservice establishments offer better opportunities for expansion of the customer base as well as customization of the menus to cater to a wider target audience. The growing demand for mobile food service will lead to the expansion of the global foodservice market at a CAGR of almost 5% during the forecast period.
The emergence of ghost kitchens
There has been a rapid rise in the popularity of delivery-optimized ghost kitchens in recent years. These kitchens produce food for online delivery and contain all the required kitchen equipment as well as facilities for the preparation of meals but have no dining area. With the rising number of online food orders, given the emergence of online food delivery platforms, ghost kitchens have emerged as a key business model in the foodservice industry. As a result, various major foodservice establishments across the globe are focusing on launching ghost kitchens to offer superior customer service while reducing the rent and labor costs involved in the conventional setups. Thus, emergence of ghost kitchens is one of the key trends anticipated to boost the global foodservice market growth during the forecast period.
Competitive Landscape
With the presence of several major players, the global foodservice market is fragmented. The author's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading foodservice manufacturers, that include Aramark, Compass Group Plc, Domino’s Pizza Inc., Inspire Brands Inc., McDonald's Corp., Performance Food Group Co., Restaurant Brands International Inc., Sodexo Group, Starbucks Corp., and YUM! Brands Inc.
Also, the foodservice market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The author's foodservice market analysis considers sales from conventional, centralized, ready-prepared, and assembly-serve foodservice systems. Our study also finds the sales of foodservice in APAC, Europe, MEA, North America, and South America. In 2019, the conventional segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the provision of freshly prepared food and flexible menu options will play a significant role in the conventional segment to maintain its market position. Also, our global foodservice market report looks at factors such as increasing demand for food away from home, growth of fast-food market, rising demand for mobile food service. However, labor shortages in foodservice sector, increasing health concerns, and stringent government regulations may hamper the growth of the foodservice industry over the forecast period.
Global Foodservice Market: Overview
Rising demand for mobile food service
The rising popularity of trailers, food trucks, carts, and food stands is driving the mobile foodservice market. These mobile foodservice outlets tend to succeed more compared to conventional restaurants, primarily due to low yearly overhead costs, low initial capital investments, and the rising popularity of street food among the urban young population. Furthermore, mobile foodservice establishments offer better opportunities for expansion of the customer base as well as customization of the menus to cater to a wider target audience. The growing demand for mobile food service will lead to the expansion of the global foodservice market at a CAGR of almost 5% during the forecast period.
The emergence of ghost kitchens
There has been a rapid rise in the popularity of delivery-optimized ghost kitchens in recent years. These kitchens produce food for online delivery and contain all the required kitchen equipment as well as facilities for the preparation of meals but have no dining area. With the rising number of online food orders, given the emergence of online food delivery platforms, ghost kitchens have emerged as a key business model in the foodservice industry. As a result, various major foodservice establishments across the globe are focusing on launching ghost kitchens to offer superior customer service while reducing the rent and labor costs involved in the conventional setups. Thus, emergence of ghost kitchens is one of the key trends anticipated to boost the global foodservice market growth during the forecast period.
Competitive Landscape
With the presence of several major players, the global foodservice market is fragmented. The author's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading foodservice manufacturers, that include Aramark, Compass Group Plc, Domino’s Pizza Inc., Inspire Brands Inc., McDonald's Corp., Performance Food Group Co., Restaurant Brands International Inc., Sodexo Group, Starbucks Corp., and YUM! Brands Inc.
Also, the foodservice market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
2 of 4
FEATURED COMPANIES
- Aramark
- Compass Group Plc
- Domino’s Pizza Inc.
- Inspire Brands Inc.
- McDonald's Corp.
- Sodexo Group
- MORE
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 07: GEOGRAPHIC LANDSCAPE
PART 11: DRIVERS AND CHALLENGES
Exhibit 01: Vendors: Key offerings
Exhibit 02: Global hotels, restaurants and leisure market
Exhibit 03: Segments of global hotels, restaurants and leisure market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2019
Exhibit 08: Global market: Size and forecast 2019-2024 ($ billions)
Exhibit 09: Global market: Year-over-year growth 2020-2024 (%)
Exhibit 10: Five forces analysis 2019
Exhibit 11: Five forces analysis 2024
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2019
Exhibit 18: Customer landscape
Exhibit 19: Market share by geography 2019-2024 (%)
Exhibit 20: Geographic comparison
Exhibit 21: APAC - Market size and forecast 2019-2024 ($ billions)
Exhibit 22: APAC - Year-over-year growth 2020-2024 (%)
Exhibit 23: North America - Market size and forecast 2019-2024 ($ billions)
Exhibit 24: North America - Year-over-year growth 2020-2024 (%)
Exhibit 25: Europe - Market size and forecast 2019-2024 ($ billions)
Exhibit 26: Europe - Year-over-year growth 2020-2024 (%)
Exhibit 27: South America - Market size and forecast 2019-2024 ($ billions)
Exhibit 28: South America - Year-over-year growth 2020-2024 (%)
Exhibit 29: MEA - Market size and forecast 2019-2024 ($ billions)
Exhibit 30: MEA - Year-over-year growth 2020-2024 (%)
Exhibit 31: Key leading countries
Exhibit 32: Market opportunity
Exhibit 33: Foodservice system - Market share 2019-2024 (%)
Exhibit 34: Comparison by foodservice system
Exhibit 35: Conventional - Market size and forecast 2019-2024 ($ billions)
Exhibit 36: Conventional - Year-over-year growth 2020-2024 (%)
Exhibit 37: Centralized - Market size and forecast 2019-2024 ($ billions)
Exhibit 38: Centralized - Year-over-year growth 2020-2024 (%)
Exhibit 39: Ready-prepared - Market size and forecast 2019-2024 ($ billions)
Exhibit 40: Ready-prepared - Year-over-year growth 2020-2024 (%)
Exhibit 41: Assembly-serve - Market size and forecast 2019-2024 ($ billions)
Exhibit 42: Assembly-serve - Year-over-year growth 2020-2024 (%)
Exhibit 43: Market opportunity by foodservice system
Exhibit 44: Sector - Market share 2019-2024 (%)
Exhibit 45: Comparison by sector
Exhibit 46: Commercial - Market size and forecast 2019-2024 ($ billions)
Exhibit 47: Commercial - Year-over-year growth 2020-2024 (%)
Exhibit 48: Non-commercial - Market size and forecast 2019-2024 ($ billions)
Exhibit 49: Non-commercial - Year-over-year growth 2020-2024 (%)
Exhibit 50: Market opportunity by sector
Exhibit 51: Impact of drivers and challenges
Exhibit 52: Vendor landscape
Exhibit 53: Landscape disruption
Exhibit 54: Vendors covered
Exhibit 55: Vendor classification
Exhibit 56: Market positioning of vendors
Exhibit 57: Aramark - Vendor overview
Exhibit 58: Aramark - Business segments
Exhibit 59: Aramark - Organizational developments
Exhibit 60: Aramark - Geographic focus
Exhibit 61: Aramark - Segment focus
Exhibit 62: Aramark - Key offerings
Exhibit 63: Compass Group Plc - Vendor overview
Exhibit 64: Compass Group Plc - Business segments
Exhibit 65: Compass Group Plc - Organizational developments
Exhibit 66: Compass Group Plc - Geographic focus
Exhibit 67: Compass Group Plc - Segment focus
Exhibit 68: Compass Group Plc - Key offerings
Exhibit 69: Domino’s Pizza Inc. - Vendor overview
Exhibit 70: Domino’s Pizza Inc. - Business segments
Exhibit 71: Domino’s Pizza Inc. - Organizational developments
Exhibit 72: Domino’s Pizza Inc. - Segment focus
Exhibit 73: Domino’s Pizza Inc. - Key offerings
Exhibit 74: Inspire Brands Inc. - Vendor overview
Exhibit 75: Inspire Brands Inc. - Business segments
Exhibit 76: Inspire Brands Inc. - Organizational developments
Exhibit 77: Inspire Brands Inc. - Key offerings
Exhibit 78: McDonald's Corp. - Vendor overview
Exhibit 79: McDonald's Corp. - Business segments
Exhibit 80: McDonald's Corp. - Organizational developments
Exhibit 81: McDonald's Corp. - Segment focus
Exhibit 82: McDonald's Corp. - Key offerings
Exhibit 83: Performance Food Group Co. - Vendor overview
Exhibit 84: Performance Food Group Co. - Business segments
Exhibit 85: Performance Food Group Co. - Organizational developments
Exhibit 86: Performance Food Group Co. - Segment focus
Exhibit 87: Performance Food Group Co. - Key offerings
Exhibit 88: Restaurant Brands International Inc. - Vendor overview
Exhibit 89: Restaurant Brands International Inc. - Business segments
Exhibit 90: Restaurant Brands International Inc. - Organizational developments
Exhibit 91: Restaurant Brands International Inc. - Geographic focus
Exhibit 92: Restaurant Brands International Inc. - Segment focus
Exhibit 93: Restaurant Brands International Inc. - Key offerings
Exhibit 94: Sodexo Group - Vendor overview
Exhibit 95: Sodexo Group - Business segments
Exhibit 96: Sodexo Group - Organizational developments
Exhibit 97: Sodexo Group - Geographic focus
Exhibit 98: Sodexo Group - Segment focus
Exhibit 99: Sodexo Group - Key offerings
Exhibit 100: Starbucks Corp. - Vendor overview
Exhibit 101: Starbucks Corp. - Business segments
Exhibit 102: Starbucks Corp. - Organizational developments
Exhibit 103: Starbucks Corp. - Geographic focus
Exhibit 104: Starbucks Corp. - Segment focus
Exhibit 105: Starbucks Corp. - Key offerings
Exhibit 106: YUM! Brands Inc. - Vendor overview
Exhibit 107: YUM! Brands Inc. - Business segments
Exhibit 108: YUM! Brands Inc. - Organizational developments
Exhibit 109: YUM! Brands Inc. - Geographic focus
Exhibit 110: YUM! Brands Inc. - Segment focus
Exhibit 111: YUM! Brands Inc. - Key offerings
Exhibit 112: Validation techniques employed for market sizing
Exhibit 113: Definition of market positioning of vendors
PART 02: SCOPE OF THE REPORT
- Preface
- Preface
- Currency conversion rates for US$
- Market ecosystem
- Market characteristics
- Value chain analysis
- Market segmentation analysis
- Market definition
- Market sizing 2019
- Market outlook
- Market size and forecast 2019-2024
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
- Market segmentation by foodservice system
- Comparison by foodservice system
- Conventional - Market size and forecast 2019-2024
- Centralized - Market size and forecast 2019-2024
- Ready-prepared - Market size and forecast 2019-2024
- Assembly-serve - Market size and forecast 2019-2024
- Market opportunity by foodservice system
- Market segmentation by sector
- Comparison by sector
- Commercial - Market size and forecast 2019-2024
- Non-commercial - Market size and forecast 2019-2024
- Market opportunity by sector
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
- New product launches
- Growing number of strategic alliances in market
- Emergence of ghost kitchens
- Overview
- Landscape disruption
- Competitive scenario
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Aramark
- Compass Group Plc
- Domino’s Pizza Inc.
- Inspire Brands Inc.
- McDonald's Corp.
- Performance Food Group Co.
- Restaurant Brands International Inc.
- Sodexo Group
- Starbucks Corp.
- YUM! Brands Inc.
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
Exhibit 01: Vendors: Key offerings
Exhibit 02: Global hotels, restaurants and leisure market
Exhibit 03: Segments of global hotels, restaurants and leisure market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2019
Exhibit 08: Global market: Size and forecast 2019-2024 ($ billions)
Exhibit 09: Global market: Year-over-year growth 2020-2024 (%)
Exhibit 10: Five forces analysis 2019
Exhibit 11: Five forces analysis 2024
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2019
Exhibit 18: Customer landscape
Exhibit 19: Market share by geography 2019-2024 (%)
Exhibit 20: Geographic comparison
Exhibit 21: APAC - Market size and forecast 2019-2024 ($ billions)
Exhibit 22: APAC - Year-over-year growth 2020-2024 (%)
Exhibit 23: North America - Market size and forecast 2019-2024 ($ billions)
Exhibit 24: North America - Year-over-year growth 2020-2024 (%)
Exhibit 25: Europe - Market size and forecast 2019-2024 ($ billions)
Exhibit 26: Europe - Year-over-year growth 2020-2024 (%)
Exhibit 27: South America - Market size and forecast 2019-2024 ($ billions)
Exhibit 28: South America - Year-over-year growth 2020-2024 (%)
Exhibit 29: MEA - Market size and forecast 2019-2024 ($ billions)
Exhibit 30: MEA - Year-over-year growth 2020-2024 (%)
Exhibit 31: Key leading countries
Exhibit 32: Market opportunity
Exhibit 33: Foodservice system - Market share 2019-2024 (%)
Exhibit 34: Comparison by foodservice system
Exhibit 35: Conventional - Market size and forecast 2019-2024 ($ billions)
Exhibit 36: Conventional - Year-over-year growth 2020-2024 (%)
Exhibit 37: Centralized - Market size and forecast 2019-2024 ($ billions)
Exhibit 38: Centralized - Year-over-year growth 2020-2024 (%)
Exhibit 39: Ready-prepared - Market size and forecast 2019-2024 ($ billions)
Exhibit 40: Ready-prepared - Year-over-year growth 2020-2024 (%)
Exhibit 41: Assembly-serve - Market size and forecast 2019-2024 ($ billions)
Exhibit 42: Assembly-serve - Year-over-year growth 2020-2024 (%)
Exhibit 43: Market opportunity by foodservice system
Exhibit 44: Sector - Market share 2019-2024 (%)
Exhibit 45: Comparison by sector
Exhibit 46: Commercial - Market size and forecast 2019-2024 ($ billions)
Exhibit 47: Commercial - Year-over-year growth 2020-2024 (%)
Exhibit 48: Non-commercial - Market size and forecast 2019-2024 ($ billions)
Exhibit 49: Non-commercial - Year-over-year growth 2020-2024 (%)
Exhibit 50: Market opportunity by sector
Exhibit 51: Impact of drivers and challenges
Exhibit 52: Vendor landscape
Exhibit 53: Landscape disruption
Exhibit 54: Vendors covered
Exhibit 55: Vendor classification
Exhibit 56: Market positioning of vendors
Exhibit 57: Aramark - Vendor overview
Exhibit 58: Aramark - Business segments
Exhibit 59: Aramark - Organizational developments
Exhibit 60: Aramark - Geographic focus
Exhibit 61: Aramark - Segment focus
Exhibit 62: Aramark - Key offerings
Exhibit 63: Compass Group Plc - Vendor overview
Exhibit 64: Compass Group Plc - Business segments
Exhibit 65: Compass Group Plc - Organizational developments
Exhibit 66: Compass Group Plc - Geographic focus
Exhibit 67: Compass Group Plc - Segment focus
Exhibit 68: Compass Group Plc - Key offerings
Exhibit 69: Domino’s Pizza Inc. - Vendor overview
Exhibit 70: Domino’s Pizza Inc. - Business segments
Exhibit 71: Domino’s Pizza Inc. - Organizational developments
Exhibit 72: Domino’s Pizza Inc. - Segment focus
Exhibit 73: Domino’s Pizza Inc. - Key offerings
Exhibit 74: Inspire Brands Inc. - Vendor overview
Exhibit 75: Inspire Brands Inc. - Business segments
Exhibit 76: Inspire Brands Inc. - Organizational developments
Exhibit 77: Inspire Brands Inc. - Key offerings
Exhibit 78: McDonald's Corp. - Vendor overview
Exhibit 79: McDonald's Corp. - Business segments
Exhibit 80: McDonald's Corp. - Organizational developments
Exhibit 81: McDonald's Corp. - Segment focus
Exhibit 82: McDonald's Corp. - Key offerings
Exhibit 83: Performance Food Group Co. - Vendor overview
Exhibit 84: Performance Food Group Co. - Business segments
Exhibit 85: Performance Food Group Co. - Organizational developments
Exhibit 86: Performance Food Group Co. - Segment focus
Exhibit 87: Performance Food Group Co. - Key offerings
Exhibit 88: Restaurant Brands International Inc. - Vendor overview
Exhibit 89: Restaurant Brands International Inc. - Business segments
Exhibit 90: Restaurant Brands International Inc. - Organizational developments
Exhibit 91: Restaurant Brands International Inc. - Geographic focus
Exhibit 92: Restaurant Brands International Inc. - Segment focus
Exhibit 93: Restaurant Brands International Inc. - Key offerings
Exhibit 94: Sodexo Group - Vendor overview
Exhibit 95: Sodexo Group - Business segments
Exhibit 96: Sodexo Group - Organizational developments
Exhibit 97: Sodexo Group - Geographic focus
Exhibit 98: Sodexo Group - Segment focus
Exhibit 99: Sodexo Group - Key offerings
Exhibit 100: Starbucks Corp. - Vendor overview
Exhibit 101: Starbucks Corp. - Business segments
Exhibit 102: Starbucks Corp. - Organizational developments
Exhibit 103: Starbucks Corp. - Geographic focus
Exhibit 104: Starbucks Corp. - Segment focus
Exhibit 105: Starbucks Corp. - Key offerings
Exhibit 106: YUM! Brands Inc. - Vendor overview
Exhibit 107: YUM! Brands Inc. - Business segments
Exhibit 108: YUM! Brands Inc. - Organizational developments
Exhibit 109: YUM! Brands Inc. - Geographic focus
Exhibit 110: YUM! Brands Inc. - Segment focus
Exhibit 111: YUM! Brands Inc. - Key offerings
Exhibit 112: Validation techniques employed for market sizing
Exhibit 113: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES
- Aramark
- Compass Group Plc
- Domino’s Pizza Inc.
- Inspire Brands Inc.
- McDonald's Corp.
- Sodexo Group
- MORE
The author recognizes the following companies as the key players in the global foodservice market: Aramark, Compass Group Plc, Domino’s Pizza Inc., Inspire Brands Inc., McDonald's Corp., Performance Food Group Co., Restaurant Brands International Inc., Sodexo Group, Starbucks Corp., and YUM! Brands Inc.
Commenting on the report, an analyst from the author said: “The latest trend gaining momentum in the market is the emergence of ghost kitchens.”
According to the report, one of the major drivers for this market is the rising demand for mobile food service.
Further, the report states that one of the major factors hindering the growth of this market is labor shortages in foodservice sector.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Commenting on the report, an analyst from the author said: “The latest trend gaining momentum in the market is the emergence of ghost kitchens.”
According to the report, one of the major drivers for this market is the rising demand for mobile food service.
Further, the report states that one of the major factors hindering the growth of this market is labor shortages in foodservice sector.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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- Aramark
- Compass Group Plc
- Domino’s Pizza Inc.
- Inspire Brands Inc.
- McDonald's Corp.
- Performance Food Group Co.
- Restaurant Brands International Inc.
- Sodexo Group
- Starbucks Corp.
- YUM! Brands Inc.
Note: Product cover images may vary from those shown
