Foodservice in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Foodservice is defined as the total value of all food and drink, including on-trade drinks consumed without food, which is intended for immediate consumption either on the premises, in designated eating areas shared with other foodservice operators, or as takeaway transactions involving freshly prepared food for immediate consumption.
- The North American foodservice industry recorded revenues of $1.69 trillion in 2024, representing a compound annual growth rate (CAGR) of 6.5% between 2019 and 2024.
- Industry consumption volume increased with a CAGR of 3.2% between 2019 and 2024, reaching a total of 162.37 billion transactions in 2024.
- The US accounted for 89.3% of the North American foodservice industry in 2024, followed by Mexico with a 5.5% share and Canada with a 5.2% share.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the foodservice market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the foodservice market in North America
- Leading company profiles reveal details of key foodservice market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the North America foodservice market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the North America foodservice market by value in 2024?
- What will be the size of the North America foodservice market in 2029?
- What factors are affecting the strength of competition in the North America foodservice market?
- How has the market performed over the last five years?
- How large is North America’s foodservice market in relation to its regional counterparts?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Restaurant Brands International Inc
- Yum! Brands, Inc.
- Starbucks Corp
- Darden Restaurants Inc
- McDonald's Corp