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Global Foodservice Sector Overview and Channel Outlook

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  • 32 Pages
  • August 2021
  • Region: Global
  • GlobalData
  • ID: 5460097
Global Foodservice Sector Overview and Channel Outlook


"Global Foodservice Sector Overview and Channel Outlook", reports forecasts for market growth for foodservice channels across regions for 2021-2025.

The COVID-19 pandemic induced a global slowdown, resulting in a decline of $1,229.4bn across the foodservice industry in 2020. When 2020 absolute values are compared to 2019 absolute values, the sector's decline is 53.9%. Asia, the largest foodservice market, experienced the biggest decline in terms of absolute value in 2020 and accounted for 39% of global losses, followed by 24.6% in Western Europe and 16.8% in North America.


  • Asia, the largest foodservice market, witnessed the highest decline at $497.3bn in 2020 vs 2019
  • Across all Asian channels, travel outlook is expected to grow faster with a CAGR of 14.9% for the period 2020-2025
  • The US, China, and Japan are the top three foodservice markets globally
  • South African foodservice sales to be further impacted due new lockdown measures
  • After the slump in 2020, the channel is forecast to register a CAGR of 12.10% during 2020-2025

Reasons to Buy

  • Gain a broader appreciation of the foodservice industry by gaining insights from both within and outside of your channels.
  • Identify where the market is going and how foodservice channels are predicted to recover from the impact of COVID-19 in 2021-2022.
  • Understand the scope of market growth for various foodservice channels across geographic regions over the next five years.

Table of Contents

  • Executive Summary
  • Global and Regional Summary
  • Regional Outlook
  • Channel Outlook
  • Appendix
  • Methodology
  • About the Publisher
  • Contact the Publisher