Foodservice Channel Market Report 2026

The foodservice channel market size has grown exponentially in recent years. It will grow from $1.17 trillion in 2025 to $1.44 trillion in 2026 at a compound annual growth rate (CAGR) of 22.5%. The growth in the historic period can be attributed to growth of hospitality sector, expansion of restaurant formats, urban consumer lifestyles, development of organized retail, early foodservice distribution models.

The foodservice channel market size is expected to see exponential growth in the next few years. It will grow to $3.23 trillion in 2030 at a compound annual growth rate (CAGR) of 22.4%. The growth in the forecast period can be attributed to increase in digital food platforms, growth of travel and tourism dining, expansion of workplace foodservice, adoption of omni channel strategies, demand for faster service models. Major trends in the forecast period include growth of online and mobile food channels, expansion of delivery and takeaway models, integration of digital ordering systems, rising demand for convenience dining, diversification of foodservice distribution channels.

The rising adoption of online food ordering is expected to drive the growth of the foodservice channel market in the coming years. Online food ordering is a digital process in which consumers choose and purchase meals through websites or mobile applications from restaurants or food delivery services, allowing convenient, direct ordering and payment without the need to visit the establishment in person. The increase in online food ordering is driven by the growing demand for convenience and efficiency, supported by widespread smartphone usage and improved internet accessibility, as well as consumer preferences for quick and easy meal options. The foodservice channel facilitates online food ordering by offering a broad selection of restaurant and delivery choices through digital platforms that streamline the ordering process, enabling consumers to easily browse menus, place orders, and receive prompt deliveries. For example, in March 2024, according to the Hotel Tech Report, a US-based online platform focused on the hotel technology sector, the percentage of American consumers placing food orders through meal delivery apps rose to 25% in 2023. Therefore, the increasing use of online food ordering is driving the growth of the foodservice channel market.

Key players in the foodservice channel market are concentrating on developing innovative platforms, such as the food and beverage (F&B) solutions platform, to provide tailored solutions for efficient inventory management, menu planning, and supply chain optimization. The F&B Solutions platform is designed to cater to evolving consumer preferences and diverse customer needs. For instance, in January 2024, Ofi, a Singapore-based company specializing in sustainable food ingredients, introduced F&B Solutions. This platform aims to address the needs of global and regional customers across various sectors, including fast-moving consumer goods (FMCG), retail, and quick-service restaurants (QSR). The platform emphasizes co-creation and innovative product development, aligning with the needs of foodservice operators seeking to enhance their offerings and adapt to changing consumer trends.

In July 2024, Darden Restaurants, a US-based casual dining restaurant provider, acquired Chuy's Holdings Inc. for an undisclosed amount. This acquisition expands Darden Restaurants' portfolio by adding Chuy's Tex-Mex cuisine and vibrant dining experience to its collection of brands. Chuy's Holdings Inc. is a US-based company operating full-service restaurants.

Major companies operating in the foodservice channel market are McDonald's Corporation, Darden Restaurants Inc., Chipotle Mexican Grill Inc., Yum! Brands Inc., Restaurant Brands International Inc., Panera Bread Company, Domino's Pizza Inc., Bloomin' Brands Inc., Texas Roadhouse Inc., Brinker International Inc., Zaxby's Franchising Inc., Wendy's Company, BJ's Restaurants Inc., Shake Shack Inc., Cheesecake Factory Incorporated, First Watch Restaurant Group Inc., White Castle System Inc., Cava Group Inc., Noodles & Company, El Pollo Loco Holdings Inc., Sweetgreen Inc., Wingstop Inc., Fogo de Chão Inc., Dunkin' Brands Group Inc.

North America was the largest region in the foodservice channel market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the foodservice channel market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the foodservice channel market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The foodservice channel market includes revenues earned by entities by full-service restaurants, cafes, and catering services. 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.

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