The United States food service market reached approximately USD 0.78 Trillion in 2024 . The market is projected to grow at a CAGR of 10.80% between 2025 and 2034, reaching a value of around USD 2.18 Trillion by 2034 .
Several market players in the food service sector are shifting towards automated solutions for inventory management and accounting to reduce their labour costs. The rising interest in plant-based meals and meals with organic and natural ingredients has encouraged market players to modify their menus according to consumer demand. Several restaurants and food providers are incorporating sustainable practices to appeal to environmental-friendly consumers.
Key Questions Answered in This Report:
Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States food service market spanning from 2018 to 2034.
The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States food service industry.
Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States food service market.
The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.
Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States food service market landscape.
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United States Food Service Market Outlook
As per the report by the National Restaurant Association, the food service sector in the USA is expected to surpass sales of USD 1 trillion in 2024. 9 out of 10 adults in the country have stated that they prefer going to restaurants to enjoying their favourite meal, which is also expected to boost the growth of the United States food service market.Several market players in the food service sector are shifting towards automated solutions for inventory management and accounting to reduce their labour costs. The rising interest in plant-based meals and meals with organic and natural ingredients has encouraged market players to modify their menus according to consumer demand. Several restaurants and food providers are incorporating sustainable practices to appeal to environmental-friendly consumers.
As per the United States Food Service Market Regional Insight, the Far West Region Accounts for a Major Market Share
- The Far West region is projected to lead with a remarkable CAGR of 37.7%, driven by a strong demand for diverse culinary experiences and a thriving tourism industry.
- As per the United States food service industry analysis, the Rocky Mountain region follows closely with a CAGR of 35.1%, reflecting a booming hospitality sector and increasing consumer spending on dining out.
- The Southwest and Southeast regions are also expected to see significant growth, with CAGRs of 33.5% and 32.2% respectively, supported by rising disposable incomes and a growing food culture.
- New England and the Mideast regions show strong growth and boost demand of United States food service market with CAGRs of 30.2% and 28.0%, driven by urbanization and the expansion of high-end food service establishments.
- The Plains and Great Lakes regions are expected to experience steady growth, with CAGRs of 26.0% and 24.4%, reflecting more stable but expanding food service markets in these areas.
United States Food Service Market Growth is Driven by Demand for Convenient Dining Options
- The market is anticipated to grow across various types from 2024 to 2032, with Quick Service Restaurants (QSR) leading the market at a remarkable CAGR of 37.1%, driven by the increasing demand for convenient and affordable dining options.
- Fast Casual Restaurants are expected to follow closely with a CAGR of 34.8%, reflecting consumer preference for quality food served quickly.
- Full-Service Restaurants are projected to grow at a CAGR of 33.5% and boost United States food service market value, supported by a growing interest in dining experiences and diverse cuisines.
- Cafés and Coffee Shops will see a CAGR of 30.9%, driven by the rising coffee culture and the popularity of casual, social dining environments. Catering Services are expected to grow at a CAGR of 29.3%, reflecting the increasing demand for event and corporate catering.
- The Others category, which includes niche and emerging food service formats, is projected to grow at a steady 26.0%, indicating a stable but less dynamic market presence.
One of the Key United States Food Service Market Trends is Rising Popularity of Locally Sourced Food
Chain outlets are projected to grow at an 11.9% CAGR from 2024 to 2032, driven by their ability to scale operations, standardize offerings, and leverage strong brand recognition across multiple locations. As per the United States food service market dynamics and trends, independent outlets follow with a 9.7% CAGR, reflecting a robust demand for unique, locally sourced, and artisanal food experiences, although they face more challenges in expansion and competition compared to chain outlets.Key Questions Answered in This Report:
- How has the United States food service market performed historically, and what are the growth expectations for the future?
- What are the primary factors influencing demand and growth in the United States food service market?
- What are the key segments within the United States food service market, and how are they expected to evolve over the forecast period?
- What are the major challenges and opportunities facing stakeholders in the United States food service market?
- Who are the key players in the United States food service market, and what strategies are they employing to maintain a competitive edge?
- What are the regulatory and policy factors influencing the United States food service market globally or regionally?
- How competitive is the United States food service market according to Porter's five forces analysis, including factors like bargaining power of buyers and suppliers?
- What are the current trends shaping the United States food service market landscape, and how are they expected to evolve in the future?
- How are technological advancements impacting the United States food service market, and what role do innovation and R&D play in driving growth?
- What are the consumer preferences and buying behavior trends influencing the United States food service market?
- How sustainable are current growth rates in the United States food service market, and what factors could potentially disrupt these trends?
- What are the regional dynamics within the United States food service market, and how do they contribute to overall market growth?
- What are the economic factors influencing the United States food service market, such as GDP growth, inflation rates, and currency fluctuations?
- How are demographic shifts, such as aging populations or urbanization trends, affecting demand in the United States food service market?
- What are the key strategic partnerships, mergers, and acquisitions shaping the competitive landscape of the United States food service market?
- What are the regulatory and legal frameworks impacting the United States food service market globally or in key regions?
- How are changing consumer lifestyles and preferences influencing product or service demand within the United States food service market?
- What are the emerging market trends and niche opportunities within the United States food service market that stakeholders should be aware of?
- How resilient is the United States food service market to external shocks or disruptions, such as geopolitical tensions or natural disasters?
- What are the potential barriers to market entry and growth for new players in the United States food service market?
Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States food service market spanning from 2018 to 2034.
The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States food service industry.
Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States food service market.
The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.
Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States food service market landscape.
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 United States Foodservice Market Analysis
6 United States Foodservice Market by Type
7 United States Foodservice Market by Outlet
8 United States Foodservice Market by Region
9 Market Dynamics
10 Competitive Landscape
Companies Mentioned
- McDonald's Corporation
- Starbucks Corporation
- Yum! Brands, Inc.
- Subway
- Chipotle Mexican Grill, Inc.