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Food and Beverage Services Global Market Report 2024

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    Report

  • 400 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5781142

Quick Summary:

In today's increasingly commercialized and globalized world, navigating your way through fluctuations in the food and beverage service industry can become quite a challenge. When your company requires a comprehensive overview of the industry but lacks the time or resources needed to compile comprehensive research, our market research report on food and beverage services is the indispensable tool you require.

Our newly released report does not only offer in-depth insights into the international and regional dynamics of the food and beverage service market, but it also provides a detailed analysis of key industry trends, market segments, as well as the competition. By delivering a complete perspective of the current and impending scenario of the industry, this report becomes your reliable partner in understanding your business environment better. Harness the power of knowledge and make informed strategic decisions based on the valuable data this report unfolds. Just as the food and beverage industries innovate and evolve, so too must your business strategies. Stay one step ahead with our comprehensive market research report.

The food and beverage services market size has grown strongly in recent years. It will grow from $3715.91 billion in 2023 to $3903.1 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. The growth observed in the historical period can be attributed to several factors, including changing consumer preferences, economic trends, urbanization, shifts in lifestyle, the globalization of food culture, and changes in regulations governing the food and beverage industry.

The food and beverage services market size is expected to see strong growth in the next few years. It will grow to $4880.53 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. Forecasted growth is driven by sustainability, virtual/ghost kitchens, culinary innovation, health-conscious dining, and cultural influences. Major trends include digitalization, contactless services, technology integration, digital ordering/delivery, ghost kitchens' rise, restaurant tech advancements, and personalized services.

The food and beverage services market is poised to benefit from the increasing digitalization of food services, with consumers showing a growing preference for ordering food online for home delivery. Notably, KPMG reports that in the UK, the average annual expenditure per person on food takeaways reached $721 in 2021. Nottingham, in particular, claimed the distinction of being the UK's takeaway hub, with an average individual expenditure of £1,097 in 2021. Key players in the food delivery services sector, including Deliveroo, Just Eat, and Uber Eats, have been pivotal in facilitating this trend. The rise in digital food ordering is expected to persist in the forecast period, continuing to drive the food and beverage services market.

The increasing popularity of plant-based foods is anticipated to contribute significantly to the growth of the food and beverage services market. Plant-based foods, derived primarily or entirely from plant sources such as vegetables, fruits, grains, nuts, seeds, and legumes, have gained substantial traction. Food and beverage services play a crucial role in promoting, preparing, and distributing plant-based food offerings. According to the Plant Based Foods Association, a US-based agency, retail sales of plant-based foods experienced a notable 6.2% growth in 2021, setting a record year for expansion and bringing the total market value for plant-based foods to an all-time high of $7.4 billion. This surge in the popularity of plant-based foods is identified as a driving force behind the growth of the food and beverage services market.

The outbreak of the COVID-19 disease significantly restrained the food and beverage services market in 2020, as global governments imposed restrictions on domestic and international travel, leading to diminished demand for services provided by these establishments. The infectious nature of COVID-19, characterized by flu-such as symptoms such as fever, cough, and difficulty breathing, originated in Wuhan, Hubei province, China, in 2019, and has since spread globally, impacting regions including Western Europe, North America, and Asia. National governments implemented measures to contain transmission, resulting in a substantial decline in economic activity and the enforcement of lockdowns. The repercussions of the outbreak negatively affected businesses throughout 2020 and into 2021. However, there is an expectation that the food and beverage services market will rebound from this shock over the forecast period, considering it a "black swan" event unrelated to persistent or fundamental weaknesses in the market or the global economy.

Establishments in the food and beverage services industry are adopting modernizing technologies to enhance customer satisfaction and boost restaurant sales. This involves the implementation of self-ordering touchscreen kiosks, mobile apps for customizable orders and quick payments, as well as digital entertainment options such as gaming. As an illustrative example, in April 2023, PepsiCo, a US-based food company, launched the Greenhouse Accelerator Program. This program is designed to support emerging Hispanic-owned small businesses in the food and beverage sector. It identifies and uplifts such startups by offering mentorship, funding, and other resources to aid in their growth and success in the industry. The program selects ten finalists to participate in a six-month business mentoring initiative, providing each with a $20,000 grant to expedite their business development. This initiative exemplifies the industry's commitment to embracing innovation and fostering the growth of emerging businesses in the evolving landscape.

Prominent companies in the food and beverage services market are increasingly emphasizing the implementation of personalized order experiences as a strategic move to solidify their positions in the market. Personalized order experiences involve tailoring the process through which customers place orders for products or services to align with their individual preferences and needs. As an example of this trend, in September 2022, Iris Software Inc., a US-based software company, introduced its F&B Order and Pay solution. This solution comprises a series of configurable modules designed to enhance the digital experience for both restaurant guests and staff. The platform incorporates various features that empower guests to efficiently order and pay for food and beverages, streamlining the process and making it more convenient for staff. With this platform, guests can easily browse, select items, place orders, and complete payments, contributing to a more personalized and efficient dining experience.

Major companies operating in the food and beverage services market report are JELD-WEN Inc., Georgia-Pacific LLC, Builders FirstSource Inc., LIXIL Group, Stora Enso Oyj, Weyerhaeuser Company, West Fraser Timber Co. Ltd., UFP Industries Inc., Universal Forest Products lnc., Boise Cascade Company, Celulosa Arauco y Constitución Company, Louisiana-Pacific Corporation, Resolute Forest Products Inc., UPM-Kymmene Corporation, Interfor Corporation, NCI Building Systems Inc., Metsä Group, Rayonier Advanced Materials lnc., Cavco Industries Inc., Norbord Inc., Western Forest Products Inc., Canfor Corporation, PotlatchDeltic Corporation, Cefla s.c., Nature Home Holding Company Limited, Sappi Limited, Roseburg Forest Products Co., Masonite International Corporation, Barberán S.A., Tolko Industries Ltd., Hampton Affiliates lnc., Conifex Timber Inc., Stella-Jones Inc., CanWel Building Materials Group Ltd.

Asia-Pacific was the largest region in the food and beverage services market in 2023. North America was the second largest region in the food and beverage services market. The regions covered in the food and beverage services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the food and beverage services market report are Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa.

Primary types of food and beverage services include restaurants, mobile food services, bars, cafes, catering services, and food contractors. Catering services encompass providing food service at various locations, such as hotels, hospitals, pubs, airlines, cruise ships, parks, filming studios, entertainment venues, or event locations. These services are owned by chain markets and standalone establishments, offering a range of pricing from high-end to low-end. Delivery of these services is facilitated through both online and offline channels.

The food and beverage services market research report is one of a series of new reports that provides food and beverage services market statistics, including food and beverage services industry global market size, regional shares, competitors with a food and beverage services market share, detailed food and beverage services market segments, market trends and opportunities, and any further data you may need to thrive in the food and beverage services industry. This food and beverage services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The food and beverage services market includes revenues earned by entities by providing meals, snacks, and beverages to customer order for immediate on-premises and off-premises consumption. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.


The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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 $3903.1 Billion in 2024.

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 5.7%, with an estimated value of $4880.53 Billion by 2028.

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 $4880.53 Billion by 2028.

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

Key companies in the Global Food and Beverage Services Market include Apple Inc., Alphabet Inc., Comcast Corporation, Amazon.com Inc., Meta Platforms Inc., Sony Corp., The Walt Disney Company, Tencent Holdings Ltd., Viacom Inc. and CBS Corporation.

Table of Contents

1. Executive Summary2. Food and Beverage Services Market Characteristics
3. Food and Beverage Services Product/Service Analysis -Product/Service Examples
3.1. Food and Beverage Services Supply Chain Analysis
3.1.1. Food and Beverage Services Resources
3.1.2. Food and Beverage Services Manufacturers
3.1.3. Food and Beverage Services Distributors and Retailers
3.1.4. Food and Beverage Services End Users
3.2. Food and Beverage Services Customer Information
4. Food and Beverage Services Market Trends and Strategies
5. Food and Beverage Services Market - Macro Economic Scenario
5.1. Impact of High Inflation on the Market
5.2. Ukraine-Russia War Impact on the Market
5.3. COVID-19 Impact on the Market
6. Global Food and Beverage Services Market Size and Growth
6.1. Global Food and Beverage Services Market Drivers and Restraints
6.1.1. Drivers of the Market
6.1.2. Restraints of the Market
6.2. Global Food and Beverage Services Historic Market Size and Growth, 2018-2023, Value ($ Billion)
6.3. Global Food and Beverage Services Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
7. Food and Beverage Services Market Segmentation
7.1. Global Food and Beverage Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Restaurants and Mobile Food Services
  • Bars and Cafes
  • Catering Services and Food Contractors
7.2. Global Food and Beverage Services Market, Segmentation by Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Chain Market
  • Standalone Market
7.3. Global Food and Beverage Services Market, Segmentation by Pricing, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • High-End
  • Economy
7.4. Global Food and Beverage Services Market, Segmentation by Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Online
  • Offline
8. Food and Beverage Services Market Regional and Country Analysis
8.1. Global Food and Beverage Services Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.2. Global Food and Beverage Services Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. Asia-Pacific Food and Beverage Services Market
9.1. 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
9.2. Asia-Pacific Food and Beverage Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9.3. Asia-Pacific Food and Beverage Services Market, Segmentation by Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9.4. Asia-Pacific Food and Beverage Services Market, Segmentation by Pricing, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10. China Food and Beverage Services Market
10.1. China Food and Beverage Services Market Overview
10.2. China Food and Beverage Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10.3. China Food and Beverage Services Market, Segmentation by Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10.4. China Food and Beverage Services Market, Segmentation by Pricing, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
11. India Food and Beverage Services Market
11.1. India Food and Beverage Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. India Food and Beverage Services Market, Segmentation by Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. India Food and Beverage Services Market, Segmentation by Pricing, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Japan Food and Beverage Services Market
12.1. Japan Food and Beverage Services Market Overview
12.2. Japan Food and Beverage Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Japan Food and Beverage Services Market, Segmentation by Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.4. Japan Food and Beverage Services Market, Segmentation by Pricing, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Australia Food and Beverage Services Market
13.1. Australia Food and Beverage Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Australia Food and Beverage Services Market, Segmentation by Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Australia Food and Beverage Services Market, Segmentation by Pricing, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. Indonesia Food and Beverage Services Market
14.1. Indonesia Food and Beverage Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. Indonesia Food and Beverage Services Market, Segmentation by Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. Indonesia Food and Beverage Services Market, Segmentation by Pricing, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. South Korea Food and Beverage Services Market
15.1. South Korea Food and Beverage Services Market Overview
15.2. South Korea Food and Beverage Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. South Korea Food and Beverage Services Market, Segmentation by Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. South Korea Food and Beverage Services Market, Segmentation by Pricing, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. Bangladesh Food and Beverage Services Market
16.1. Bangladesh, Food and Beverage Services Historic Market, 2018-2023, $ Billion
16.2. Bangladesh, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
17. Thailand Food and Beverage Services Market
17.1. Thailand, Food and Beverage Services Historic Market, 2018-2023, $ Billion
17.2. Thailand, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
18. Vietnam Food and Beverage Services Market
18.1. Vietnam, Food and Beverage Services Historic Market, 2018-2023, $ Billion
18.2. Vietnam, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
19. Malaysia Food and Beverage Services Market
19.1. Malaysia, Food and Beverage Services Historic Market, 2018-2023, $ Billion
19.2. Malaysia, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
20. Singapore Food and Beverage Services Market
20.1. Singapore, Food and Beverage Services Historic Market, 2018-2023, $ Billion
20.2. Singapore, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
21. Philippines Food and Beverage Services Market
21.1. Philippines, Food and Beverage Services Historic Market, 2018-2023, $ Billion
21.2. Philippines, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
22. Hong Kong Food and Beverage Services Market
22.1. Hong Kong, Food and Beverage Services Historic Market, 2018-2023, $ Billion
22.2. Hong Kong, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
23. New Zealand Food and Beverage Services Market
23.1. New Zealand, Food and Beverage Services Historic Market, 2018-2023, $ Billion
23.2. New Zealand, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
24. Western Europe Food and Beverage Services Market
24.1. Western Europe Food and Beverage Services Market Overview
24.2. Western Europe Food and Beverage Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. Western Europe Food and Beverage Services Market, Segmentation by Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. Western Europe Food and Beverage Services Market, Segmentation by Pricing, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. UK Food and Beverage Services Market
25.1. UK Food and Beverage Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.2. UK Food and Beverage Services Market, Segmentation by Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. UK Food and Beverage Services Market, Segmentation by Pricing, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. Germany Food and Beverage Services Market
26.1. Germany Food and Beverage Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.2. Germany Food and Beverage Services Market, Segmentation by Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. Germany Food and Beverage Services Market, Segmentation by Pricing, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. France Food and Beverage Services Market
27.1. France Food and Beverage Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. France Food and Beverage Services Market, Segmentation by Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. France Food and Beverage Services Market, Segmentation by Pricing, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Italy Food and Beverage Services Market
28.1. Italy Food and Beverage Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.2. Italy Food and Beverage Services Market, Segmentation by Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Italy Food and Beverage Services Market, Segmentation by Pricing, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Spain Food and Beverage Services Market
29.1. Spain Food and Beverage Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.2. Spain Food and Beverage Services Market, Segmentation by Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Spain Food and Beverage Services Market, Segmentation by Pricing, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Austria Food and Beverage Services Market
30.1. Austria, Food and Beverage Services Historic Market, 2018-2023, $ Billion
30.2. Austria, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
31. Belgium Food and Beverage Services Market
31.1. Belgium, Food and Beverage Services Historic Market, 2018-2023, $ Billion
31.2. Belgium, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
32. Denmark Food and Beverage Services Market
32.1. Denmark, Food and Beverage Services Historic Market, 2018-2023, $ Billion
32.2. Denmark, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
33. Finland Food and Beverage Services Market
33.1. Finland, Food and Beverage Services Historic Market, 2018-2023, $ Billion
33.2. Finland, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
34. Ireland Food and Beverage Services Market
34.1. Ireland, Food and Beverage Services Historic Market, 2018-2023, $ Billion
34.2. Ireland, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
35. Netherlands Food and Beverage Services Market
35.1. Netherlands, Food and Beverage Services Historic Market, 2018-2023, $ Billion
35.2. Netherlands, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
36. Norway Food and Beverage Services Market
36.1. Norway, Food and Beverage Services Historic Market, 2018-2023, $ Billion
36.2. Norway, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
37. Portugal Food and Beverage Services Market
37.1. Portugal, Food and Beverage Services Historic Market, 2018-2023, $ Billion
37.2. Portugal, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
38. Sweden Food and Beverage Services Market
38.1. Sweden, Food and Beverage Services Historic Market, 2018-2023, $ Billion
38.2. Sweden, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
39. Switzerland Food and Beverage Services Market
39.1. Switzerland, Food and Beverage Services Historic Market, 2018-2023, $ Billion
39.2. Switzerland, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
40. Eastern Europe Food and Beverage Services Market
40.1. Eastern Europe Food and Beverage Services Market Overview
40.2. Eastern Europe Food and Beverage Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
40.3. Eastern Europe Food and Beverage Services Market, Segmentation by Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
40.4. Eastern Europe Food and Beverage Services Market, Segmentation by Pricing, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
41. Russia Food and Beverage Services Market
41.1. Russia Food and Beverage Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
41.2. Russia Food and Beverage Services Market, Segmentation by Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
41.3. Russia Food and Beverage Services Market, Segmentation by Pricing, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
42. Czech Republic Food and Beverage Services Market
42.1. Czech Republic, Food and Beverage Services Historic Market, 2018-2023, $ Billion
42.2. Czech Republic, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
43. Poland Food and Beverage Services Market
43.1. Poland, Food and Beverage Services Historic Market, 2018-2023, $ Billion
43.2. Poland, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
44. Romania Food and Beverage Services Market
44.1. Romania, Food and Beverage Services Historic Market, 2018-2023, $ Billion
44.2. Romania, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
45. Ukraine Food and Beverage Services Market
45.1. Ukraine, Food and Beverage Services Historic Market, 2018-2023, $ Billion
45.2. Ukraine, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
46. North America Food and Beverage Services Market
46.1. North America Food and Beverage Services Market Overview
46.2. North America Food and Beverage Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
46.3. North America Food and Beverage Services Market, Segmentation by Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
46.4. North America Food and Beverage Services Market, Segmentation by Pricing, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
47. USA Food and Beverage Services Market
47.1. USA Food and Beverage Services Market Overview
47.2. USA Food and Beverage Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
47.3. USA Food and Beverage Services Market, Segmentation by Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
47.4. USA Food and Beverage Services Market, Segmentation by Pricing, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
48. Canada Food and Beverage Services Market
48.1. Canada Food and Beverage Services Market Overview
48.2. Canada Food and Beverage Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
48.3. Canada Food and Beverage Services Market, Segmentation by Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
48.4. Canada Food and Beverage Services Market, Segmentation by Pricing, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
49. Mexico Food and Beverage Services Market
49.1. Mexico, Food and Beverage Services Historic Market, 2018-2023, $ Billion
49.2. Mexico, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
50. South America Food and Beverage Services Market
50.1. South America Food and Beverage Services Market Overview
50.2. South America Food and Beverage Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
50.3. South America Food and Beverage Services Market, Segmentation by Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
50.4. South America Food and Beverage Services Market, Segmentation by Pricing, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
51. Brazil Food and Beverage Services Market
51.1. Brazil Food and Beverage Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
51.2. Brazil Food and Beverage Services Market, Segmentation by Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
51.3. Brazil Food and Beverage Services Market, Segmentation by Pricing, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
52. Chile Food and Beverage Services Market
52.1. Chile, Food and Beverage Services Historic Market, 2018-2023, $ Billion
52.2. Chile, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
53. Argentina Food and Beverage Services Market
53.1. Argentina, Food and Beverage Services Historic Market, 2018-2023, $ Billion
53.2. Argentina, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
54. Colombia Food and Beverage Services Market
54.1. Colombia, Food and Beverage Services Historic Market, 2018-2023, $ Billion
54.2. Colombia, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
55. Peru Food and Beverage Services Market
55.1. Peru, Food and Beverage Services Historic Market, 2018-2023, $ Billion
55.2. Peru, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
56. Middle East Food and Beverage Services Market
56.1. Middle East Food and Beverage Services Market Overview
56.2. Middle East Food and Beverage Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
56.3. Middle East Food and Beverage Services Market, Segmentation by Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
56.4. Middle East Food and Beverage Services Market, Segmentation by Pricing, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
57. Saudi Arabia Food and Beverage Services Market
57.1. Saudi Arabia, Food and Beverage Services Historic Market, 2018-2023, $ Billion
57.2. Saudi Arabia, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
58. Israel Food and Beverage Services Market
58.1. Israel, Food and Beverage Services Historic Market, 2018-2023, $ Billion
58.2. Israel, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
59. Iran Food and Beverage Services Market
59.1. Iran, Food and Beverage Services Historic Market, 2018-2023, $ Billion
59.2. Iran, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
60. Turkey Food and Beverage Services Market
60.1. Turkey, Food and Beverage Services Historic Market, 2018-2023, $ Billion
60.2. Turkey, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
61. United Arab Emirates Food and Beverage Services Market
61.1. United Arab Emirates, Food and Beverage Services Historic Market, 2018-2023, $ Billion
61.2. United Arab Emirates, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
62. Africa Food and Beverage Services Market
62.1. Africa Food and Beverage Services Market Overview
62.2. Africa Food and Beverage Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
62.3. Africa Food and Beverage Services Market, Segmentation by Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
62.4. Africa Food and Beverage Services Market, Segmentation by Pricing, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
63. Egypt Food and Beverage Services Market
63.1. Egypt, Food and Beverage Services Historic Market, 2018-2023, $ Billion
63.2. Egypt, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
64. Nigeria Food and Beverage Services Market
64.1. Nigeria, Food and Beverage Services Historic Market, 2018-2023, $ Billion
64.2. Nigeria, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
65. South Africa Food and Beverage Services Market
65.1. South Africa, Food and Beverage Services Historic Market, 2018-2023, $ Billion
65.2. South Africa, Food and Beverage Services Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
66. Food and Beverage Services Market Competitive Landscape and Company Profiles
66.1. Food and Beverage Services Market Competitive Landscape
66.2. Food and Beverage Services Market Company Profiles
66.2.1. Berkshire Hathaway Inc.
66.2.1.1. Overview
66.2.1.2. Products and Services
66.2.1.3. Strategy
66.2.1.4. Financial Performance
66.2.2. Starbucks Corporation
66.2.2.1. Overview
66.2.2.2. Products and Services
66.2.2.3. Strategy
66.2.2.4. Financial Performance
66.2.3. Compass group plc
66.2.3.1. Overview
66.2.3.2. Products and Services
66.2.3.3. Strategy
66.2.3.4. Financial Performance
66.2.4. McDonald's Corporation
66.2.4.1. Overview
66.2.4.2. Products and Services
66.2.4.3. Strategy
66.2.4.4. Financial Performance
66.2.5. Aramark corporation
66.2.5.1. Overview
66.2.5.2. Products and Services
66.2.5.3. Strategy
66.2.5.4. Financial Performance
67. Food and Beverage Services Market Other Major and Innovative Companies
67.1. Sodexo
67.2. Subway
67.3. Darden Restaurants
67.4. Yum China Holdings Inc.
67.5. Chipotle
67.6. Restaurant Brands International Inc.
67.7. Domino's Pizza Inc.
67.8. Bloomin' Brands Inc.
67.9. Texas Roadhouse Inc.
67.10. Brinker International Inc.
67.11. Cheesecake Factory Inc.
67.12. Cracker Barrel Old Country Store Inc.
67.13. Papa John's International Inc.
67.14. Wendy's Company
67.15. Dave & Buster's Entertainment Inc.
68. Global Food and Beverage Services Market Competitive Benchmarking69. Global Food and Beverage Services Market Competitive Dashboard70. Key Mergers and Acquisitions in the Food and Beverage Services Market
71. Food and Beverage Services Market Future Outlook and Potential Analysis
71.1 Food and Beverage Services Market in 2028 - Countries Offering Most New Opportunities
71.2 Food and Beverage Services Market in 2028 - Segments Offering Most New Opportunities
71.3 Food and Beverage Services Market in 2028 - Growth Strategies
71.3.1 Market Trend-based Strategies
71.3.2 Competitor Strategies
72. Appendix
72.1. Abbreviations
72.2. Currencies
72.3. Historic and Forecast Inflation Rates
72.4. Research Inquiries
72.5. About the Analyst
72.6. Copyright and Disclaimer

Executive Summary

Food and Beverage Services Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on food and beverage services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • 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 shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for 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? This 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.
  • 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, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the 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 growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter 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.

Report Scope

Markets Covered:
1) By Type: Restaurants and Mobile Food Services; Bars and Cafes; Catering Services and Food Contractors
2) By Ownership: Chain Market; Standalone Market
3) By Pricing: High-End; Economy
3) 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

Key Companies Mentioned: JELD-WEN Inc.; Georgia-Pacific LLC; Builders FirstSource Inc.; LIXIL Group; Stora Enso Oyj

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

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

Data Segmentation: 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

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned

A selection of companies mentioned in this report includes:

  • JELD-WEN Inc.
  • Georgia-Pacific LLC
  • Builders FirstSource Inc.
  • LIXIL Group
  • Stora Enso Oyj
  • Weyerhaeuser Company
  • West Fraser Timber Co. Ltd.
  • UFP Industries Inc.
  • Universal Forest Products lnc.
  • Boise Cascade Company
  • Celulosa Arauco y Constitución Company
  • Louisiana-Pacific Corporation
  • Resolute Forest Products Inc.
  • UPM-Kymmene Corporation
  • Interfor Corporation
  • NCI Building Systems Inc.
  • Metsä Group
  • Rayonier Advanced Materials lnc.
  • Cavco Industries Inc.
  • Norbord Inc.
  • Western Forest Products Inc.
  • Canfor Corporation
  • PotlatchDeltic Corporation
  • Cefla s.c.
  • Nature Home Holding Company Limited
  • Sappi Limited
  • Roseburg Forest Products Co.
  • Masonite International Corporation
  • Barberán S.A.
  • Tolko Industries Ltd.
  • Hampton Affiliates lnc.
  • Conifex Timber Inc.
  • Stella-Jones Inc.
  • CanWel Building Materials Group Ltd.

Methodology

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