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Food And Beverage Services Global Market Report 2022

  • ID: 5515129
  • Report
  • December 2021
  • Region: Global
  • 400 Pages
  • The Business Research Company

FEATURED COMPANIES

  • Aramark corporation
  • Berkshire Hathaway Inc.
  • Chipotle
  • Compass group plc
  • Darden Restaurants
  • McDonald's
Food and Beverage Services Global Market Report 2022 provides the strategists, marketers and senior management with the critical information they need to assess the global food and beverage services market as it emerges from the COVID-19 shut down.



Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the food and beverage services? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Food and Beverage Services market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider food and beverage services market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The food and beverage services market section of the report gives context. It compares the food and beverage services market with other segments of the hospitality market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, food and beverage services indicators comparison.

Scope

Markets Covered:

  • By Type: Restaurants and Mobile Food Services; Bars and Cafes; Catering Services and Food Contractors
  • By Ownership: Chain Market; Standalone Market
  • By Pricing: High-End; Economy
  • By Service: Online; Offline

Subsegments Covered: Full-Service Restaurants; Limited-Service Restaurants; Cafeterias, Grill Buffets, and Buffets; Mobile Food Services; Snack and Nonalcoholic Beverage Bars; Drinking Places (Alcoholic Beverages); Food Service Contractors; Catering Services

Companies Mentioned: Compass group plc; Starbucks; Sodexo; Aramark corporation; McDonald's

Metrics Covered: Number of Enterprises; Number of Employees

Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, food and beverage services indicators comparison.

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.


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Frequently Asked Questions about the Global Food and Beverage Services Market

What is the estimated value of the Global Food and Beverage Services Market?

The Global Food and Beverage Services Market was estimated to be valued at $3678.6 billion in 2022.

What is the growth rate of the Global Food and Beverage Services Market?

The growth rate of the Global Food and Beverage Services Market is 9.2%, with an estimated value of $5235.5 billion by 2026.

What is the forecasted size of the Global Food and Beverage Services Market?

The Global Food and Beverage Services Market is estimated to be worth $5235.5 billion by 2026.

Who are the key companies in the Global Food and Beverage Services Market?

Key companies in the Global Food and Beverage Services Market include Compass group plc, Starbucks, Sodexo, Aramark corporation, McDonald's, Darden Restaurants, Yum China Holdings, Inc., Chipotle and Subway.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Aramark corporation
  • Berkshire Hathaway Inc.
  • Chipotle
  • Compass group plc
  • Darden Restaurants
  • McDonald's

1. Executive Summary2. Report Structure
3. Food And Beverage Services Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Food And Beverage Services Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Food And Beverage Services Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Food And Beverage Services Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Food And Beverage Services Market Trends And Strategies8. Impact Of COVID-19 On Food And Beverage Services
9. Food And Beverage Services Market Size And Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers Of The Market
9.2.2. Restraints On The Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers Of The Market
9.3.2. Restraints On The Market
10. Food And Beverage Services Market Regional Analysis
10.1. Global Food And Beverage Services Market, 2021, By Region, Value ($ Billion)
10.2. Global Food And Beverage Services Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Region
10.3. Global Food And Beverage Services Market, Growth And Market Share Comparison, By Region
11. Food And Beverage Services Market Segmentation
11.1. Global Food And Beverage Services Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Restaurants And Mobile Food Services
  • Bars And Cafes
  • Catering Services And Food Contractors
11.2. Global Food And Beverage Services Market, Segmentation By Ownership, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Chain Market
  • Standalone Market
11.3. Global Food And Beverage Services Market, Segmentation By Pricing, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • High-End
  • Economy
11.3. Global Food And Beverage Services Market, Segmentation By Service, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Online
  • Offline

12. Food And Beverage Services Market Segments
12.1. Global Restaurants And Mobile Food Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - Full-Service Restaurants; Limited-Service Restaurants; Cafeterias, Grill Buffets, And Buffets; Mobile Food Services
12.2. Global Bars And Cafes Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - Snack And Nonalcoholic Beverage Bars; Drinking Places (Alcoholic Beverages)
12.3. Global Catering Services And Food Contractors Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - Food Service Contractors; Catering Services
13. Food And Beverage Services Market Metrics
13.1. Food And Beverage Services Market Size, Percentage Of GDP, 2016-2026, Global
13.2. Per Capita Average Food And Beverage Services Market Expenditure, 2016-2026, Global
14. Asia-Pacific Food And Beverage Services Market
14.1. Asia-Pacific Food And Beverage Services Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
14.2. Asia-Pacific, Food And Beverage Services Market, 2021, By Country, Value ($ Billion)
14.3. Asia-Pacific, Food And Beverage Services Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
14.4. Asia-Pacific, Food And Beverage Services Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
14.5. Asia-Pacific, Food And Beverage Services Market Metrics
14.5.1. Per Capita Average Food And Beverage Services Expenditure, 2016-2026, Asia-Pacific Countries
14.5.2. Number of Enterprises, Food And Beverage Services Market, Food And Beverage Services Market/Number of Enterprises, 2021, Asia-Pacific Countries
14.5.3. Number of Employees, Food And Beverage Services Market, Food And Beverage Services Market/Number of Employees, 2021, Asia-Pacific Countries
14.6. Asia-Pacific Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7. Asia-Pacific Food And Beverage Services Market: Country Analysis
14.7.1. China Food And Beverage Services Market
14.7.1.1. China Food And Beverage Services Market Overview
14.7.1.2. China Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.2. Australia Food And Beverage Services Market
14.7.2.1. Australia Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.3. Hong Kong Food And Beverage Services Market
14.7.3.1. Hong Kong Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.4. India Food And Beverage Services Market
14.7.4.1. India Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.5. Indonesia Food And Beverage Services Market
14.7.5.1. Indonesia Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.6. Japan Food And Beverage Services Market
14.7.6.1. Japan Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.7. Malaysia Food And Beverage Services Market
14.7.7.1. Malaysia Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.8. New Zealand Food And Beverage Services Market
14.7.8.1. New Zealand Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.9. Philippines Food And Beverage Services Market
14.7.9.1. Philippines Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.10. Singapore Food And Beverage Services Market
14.7.10.1. Singapore Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.11. South Korea Food And Beverage Services Market
14.7.11.1. South Korea Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.12. Thailand Food And Beverage Services Market
14.7.12.1. Thailand Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.13. Vietnam Food And Beverage Services Market
14.7.13.1. Vietnam Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15. Western Europe Food And Beverage Services Market
15.1. Western Europe Food And Beverage Services Market Overview
15.2. Western Europe, Food And Beverage Services Market, 2021, By Country, Value ($ Billion)
15.3. Western Europe, Food And Beverage Services Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
15.4. Western Europe, Food And Beverage Services Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
15.5. Western Europe, Food And Beverage Services Market Metrics
15.5.1. Per Capita Average Food And Beverage Services Expenditure, 2016-2026, Western Europe Countries
15.5.2. Number of Enterprises, Food And Beverage Services Market, Food And Beverage Services Market/Number of Enterprises, 2021, Western Europe Countries
15.5.3. Number of Employees, Food And Beverage Services Market, Food And Beverage Services Market/Number of Employees, 2021, Western Europe Countries
15.6. Western Europe Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7. Western Europe Food And Beverage Services Market: Country Analysis
15.7.1. Austria Food And Beverage Services Market
15.7.1.1. Austria Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.2. Belgium Food And Beverage Services Market
15.7.2.1. Belgium Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.3. Denmark Food And Beverage Services Market
15.7.3.1. Denmark Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.4. Finland Food And Beverage Services Market
15.7.4.1. Finland Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.5. France Food And Beverage Services Market
15.7.5.1. France Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.6. Germany Food And Beverage Services Market
15.7.6.1. Germany Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.7. Ireland Food And Beverage Services Market
15.7.7.1. Ireland Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.8. Italy Food And Beverage Services Market
15.7.8.1. Italy Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.9. Netherlands Food And Beverage Services Market
15.7.9.1. Netherlands Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.10. Norway Food And Beverage Services Market
15.7.10.1. Norway Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.11. Portugal Food And Beverage Services Market
15.7.11.1. Portugal Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.12. Spain Food And Beverage Services Market
15.7.12.1. Spain Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.13. Sweden Food And Beverage Services Market
15.7.13.1. Sweden Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.14. Switzerland Food And Beverage Services Market
15.7.14.1. Switzerland Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.15. UK Food And Beverage Services Market
15.7.15.1. UK Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
16. Eastern Europe Food And Beverage Services Market
16.1. Eastern Europe Food And Beverage Services Market Overview
16.2. Eastern Europe, Food And Beverage Services Market, 2021, By Country, Value ($ Billion)
16.3. Eastern Europe, Food And Beverage Services Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
16.4. Eastern Europe, Food And Beverage Services Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
16.5. Eastern Europe, Food And Beverage Services Market Metrics
16.5.1. Per Capita Average Food And Beverage Services Expenditure, 2016-2026, Eastern Europe Countries
16.5.2. Number of Enterprises, Food And Beverage Services Market, Food And Beverage Services Market/Number of Enterprises, 2021, Eastern Europe Countries
16.5.3. Number of Employees, Food And Beverage Services Market, Food And Beverage Services Market/Number of Employees, 2021, Eastern Europe Countries
16.6. Eastern Europe Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
16.7. Eastern Europe Food And Beverage Services Market: Country Analysis
16.7.1. Czech Republic Food And Beverage Services Market,
16.7.1.1. Czech Republic Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
16.7.2. Poland Food And Beverage Services Market
16.7.2.1. Poland Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
16.7.3. Romania Food And Beverage Services Market
16.7.3.1. Romania Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
16.7.4. Russia Food And Beverage Services Market
16.7.4.1. Russia Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
17. North America Food And Beverage Services Market
17.1. North America Food And Beverage Services Market Overview
17.2. North America, Food And Beverage Services Market, 2021, By Country, Value ($ Billion)
17.3. North America, Food And Beverage Services Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
17.4. North America, Food And Beverage Services Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
17.5. North America, Food And Beverage Services Market Metrics
17.5.1. Per Capita Average Food And Beverage Services Expenditure, 2016-2026, North America Countries
17.5.2. Number of Enterprises, Food And Beverage Services Market, Food And Beverage Services Market/Number of Enterprises, 2021, North America Countries
17.5.3. Number of Employees, Food And Beverage Services Market, Food And Beverage Services Market/Number of Employees, 2021, North America Countries
17.6. North America Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
17.7. North America Food And Beverage Services Market: Country Analysis
17.7.1. Canada Food And Beverage Services Market
17.7.1.1. Canada Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
17.7.2. Mexico Food And Beverage Services Market
17.7.2.1. Mexico Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
17.7.3. USA Food And Beverage Services Market
17.7.3.1. USA Food And Beverage Services Market Overview
17.7.3.2. USA Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18. South America Food And Beverage Services Market
18.1. South America Food And Beverage Services Market Overview
18.2. South America, Food And Beverage Services Market, 2021, By Country, Value ($ Billion)
18.3. South America, Food And Beverage Services Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
18.4. South America, Food And Beverage Services Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
18.5. South America, Food And Beverage Services Market Metrics
18.5.1. Per Capita Average Food And Beverage Services Expenditure, 2016-2026, South America Countries
18.5.2. Number of Enterprises, Food And Beverage Services Market, Food And Beverage Services Market/Number of Enterprises, 2021, South America Countries
18.5.3. Number of Employees, Food And Beverage Services Market, Food And Beverage Services Market/Number of Employees, 2021, South America Countries
18.6. South America Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7. South America Food And Beverage Services Market: Country Analysis
18.7.1. Argentina Food And Beverage Services Market
18.7.1.1. Argentina Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7.2. Brazil Food And Beverage Services Market
18.7.2.1. Brazil Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7.3. Chile Food And Beverage Services Market
18.7.3.1. Chile Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7.4. Colombia Food And Beverage Services Market
18.7.4.1. Colombia Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7.5. Peru Food And Beverage Services Market
18.7.5.1. Peru Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7.6. Venezuela Food And Beverage Services Market
18.7.6.1. Venezuela Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
19. Middle East Food And Beverage Services Market
19.1. Middle East Food And Beverage Services Market Overview
19.2. Middle East, Food And Beverage Services Market, 2021, By Country, Value ($ Billion)
19.3. Middle East, Food And Beverage Services Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
19.4. Middle East, Food And Beverage Services Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
19.5. Middle East, Food And Beverage Services Market Metrics
19.5.1. Per Capita Average Food And Beverage Services Expenditure, 2016-2026, Middle East Countries
19.5.2. Number of Enterprises, Food And Beverage Services Market, Food And Beverage Services Market/Number of Enterprises, 2021, Middle East Countries
19.5.3. Number of Employees, Food And Beverage Services Market, Food And Beverage Services Market/Number of Employees, 2021, Middle East Countries
19.6. Middle East Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
19.7. Middle East Food And Beverage Services Market: Country Analysis
19.7.1. Saudi Arabia Food And Beverage Services Market
19.7.1.1. Saudi Arabia Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
19.7.2. Israel Food And Beverage Services Market
19.7.2.1. Israel Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
19.7.3. Turkey Food And Beverage Services Market
19.7.3.1. Turkey Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
19.7.4. UAE Food And Beverage Services Market
19.7.4.1. UAE Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
20. Africa Food And Beverage Services Market
20.1. Africa Food And Beverage Services Market Overview
20.2. Africa, Food And Beverage Services Market, 2021, By Country, Value ($ Billion)
20.3. Africa, Food And Beverage Services Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
20.4. Africa, Food And Beverage Services Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
20.5. Africa, Food And Beverage Services Market Metrics
20.5.1. Per Capita Average Food And Beverage Services Expenditure, 2016-2026, Africa Countries
20.5.2. Number of Enterprises, Food And Beverage Services Market, Food And Beverage Services Market/Number of Enterprises, 2021, Africa Countries
20.5.3. Number of Employees, Food And Beverage Services Market, Food And Beverage Services Market/Number of Employees, 2021, Africa Countries
20.6. Africa Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
20.7. Africa Food And Beverage Services Market: Country Analysis
20.7.1. Egypt Food And Beverage Services Market
20.7.1.1. Egypt Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
20.7.2. Nigeria Food And Beverage Services Market
20.7.2.1. Nigeria Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
20.7.3. South Africa Food And Beverage Services Market
20.7.3.1. South Africa Food And Beverage Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
21. Food And Beverage Services Market Competitive Landscape
21.1. Competitive Market Overview
21.2. Market Shares
21.3. Company Profiles
21.3.1. Compass Group PLC
21.3.1.1. Company Overview
21.3.1.2. Products And Services
21.3.1.3. Strategy
21.3.1.4. Financial Performance
21.3.2. Starbucks
21.3.2.1. Company Overview
21.3.2.2. Products And Services
21.3.2.3. Strategy
21.3.2.4. Financial Performance
21.3.3. Sodexo
21.3.3.1. Company Overview
21.3.3.2. Products And Services
21.3.3.3. Strategy
21.3.3.4. Financial Performance
21.3.4. Aramark corporation
21.3.4.1. Company Overview
21.3.4.2. Products And Services
21.3.4.3. Strategy
21.3.4.4. Financial Performance
21.3.5. McDonald's
21.3.5.1. Company Overview
21.3.5.2. Products And Services
21.3.5.3. Strategy
21.3.5.4. Financial Performance
22. Key Mergers And Acquisitions In The Food And Beverage Services Market
23. Market Background: Hospitality Market
23.1. Hospitality Market Characteristics
23.2. Hospitality Market Historic and Forecast, 2016-2021, 2021-2026F, 2031F, Growth, By Segment, Value ($ Billion), Global
23.3. Global Hospitality Market, 2021, By Region, Value ($ Billion)
23.4. Global Hospitality Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Region
23.5. Global Hospitality Market, 2016-2021, 2021-2026F, 2031F, Segmentation By Type, Value ($ Billion)
24. Recommendations
24.1. Global Food And Beverage Services Market In 2025- Growth Countries
24.2. Global Food And Beverage Services Market In 2025- Growth Segments
24.3. Global Food And Beverage Services Market In 2025- Growth Strategies
25. Appendix
25.1. NAICS Definitions Of Industry Covered In This Report
25.2. Abbreviations
25.3. Currencies
25.4. Research Inquiries
25.5. The Business Research Company
26. Copyright And Disclaimer
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Aramark corporation
  • Berkshire Hathaway Inc.
  • Chipotle
  • Compass group plc
  • Darden Restaurants
  • McDonald's
Major companies in the food and beverage services market include Compass group plc, Starbucks, Sodexo, Aramark corporation, McDonald's, Darden Restaurants, Yum China Holdings Inc., Chipotle, Berkshire Hathaway Inc. and Subway.

The global food and beverage services market is expected to grow from $3,232.94 billion in 2021 to $3,678.61 billion in 2022 at a compound annual growth rate (CAGR) of 13.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $5,235.52 billion in 2026 at a CAGR of 9.2%.

The food and beverage services market consists of sales of food and beverage services and related goods by entities (organizations, sole traders and partnerships) that provide meals, snacks, and beverages to customer order for immediate on-premises and off-premises consumption.

The main types of food and beverage services are restaurants and mobile food services, bars and cafes, catering services and food contractors. Catering services is the business of providing food service at a remote location or at a specific location, such as a hotel, hospital, pub, airline, cruise ship, park, filming location or studio, entertainment location, or event venue. The services are owned by chain market and standalone market and the price ranges from high-end to economy.

Asia Pacific was the largest region in the food and beverage services market in 2021. North America was the second largest region in the food and beverage services market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The food and beverage services market is expected to benefit from rising digitalization of food services. Consumers are increasingly preferring to order food online for home deliveries. For instance, according to KPMG, average spend per person per year on food takeaways in the UK rose by 42% over two years: from £452 ($506) in 2019 to £641 ($721) in 2021 . Major companies providing food delivery services include Deliveroo, Just Eat and Uber Eats. This trend is likely to continue in the forecast period and drive the food and beverage services market going forward.

Modernizing technologies in restaurants improves customer satisfaction, thereby boosting restaurant sales. Establishments in the industry are introducing self-ordering touchscreen kiosks, mobile apps for customizable orders and quick payment and digital entertainment such as gaming. For instance, in 2020, McDonald’s, a US based fast food company created a team focused on digital customer engagement as the restaurant industry continues to look to technology as a key way to boost sales. The new team is part of the fast-food company's ambition to leverage technology to reach out to customers and increase sales. As part of that endeavour, McDonald's has installed digital self-order kiosks in its restaurants, expanded meal delivery, and made tech-focused investments.

The outbreak of Coronavirus disease (COVID-19) has acted as a massive restraint on the food and beverage services market in 2020 as governments globally imposed restrictions on domestic and international travel limiting the need for services offered by these establishments. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lock down' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the food and beverage services market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy.

The countries covered in the food and beverage services market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam.
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Compass group plc
  • Starbucks
  • Sodexo
  • Aramark corporation
  • McDonald's
  • Darden Restaurants
  • Yum China Holdings, Inc.
  • Chipotle
  • Berkshire Hathaway Inc.
  • Subway
Note: Product cover images may vary from those shown

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