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Foodservice Market Size and Share Analysis with Revenue 2020 to 2024 with COVID-19 Pandemic| Aramark, Compass Group USA , Inspire Brands, McDonald's , Performance Food Group

04-21-2020 07:04 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IndustryResearch.Co

"Foodservice Market" size report 2020-2024 provides development trends, competitive landscape analysis, and key regions development status. Foodservice market study is based on different features like segments, growth rate, revenue, leading players, regions, and forecast. Foodservice market report is a valuable source of guidance and direction for companies and individuals interested in the industry.

Global Foodservice market size is estimated to grow at CAGR of almost 5% with Revenue USD 985.78 billion during the forecast period 2020-2024. The "YOY (year-over-year) growth rate for 2020 is estimated at 4.25%" by the end of 2024.

"Final Report will add the analysis of the impact of COVID-19 on this industry."

Get a Sample Copy of the Report at - https://www.industryresearch.co/enquiry/request-sample/14920876

About Foodservice Market:
Foodservice Market analysis sales from conventional, centralized, ready-prepared, and assembly-serve foodservice systems. Our study also finds the sales of foodservice in APAC, Europe, MEA, North America, and South America. In 2019, the conventional segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the provision of freshly prepared food and flexible menu options will play a significant role in the conventional segment to maintain its market position. Also, our global foodservice market report looks at factors such as increasing demand for food away from home, growth of fast-food market, rising demand for mobile food service. However, labor shortages in foodservice sector, increasing health concerns, and stringent government regulations may hamper the growth of the foodservice industry over the forecast period.

Market Dynamics of Foodservice Market Report:
o Drivers: Emergence of Ghost Kitchens
o Restraints: Rising Demand For Mobile Food Service.
o Opportunities: Emergence of Ghost Kitchens

Rising demand for mobile food service.

The rising popularity of trailers, food trucks, carts, and food stands is driving the mobile foodservice market. These mobile foodservice outlets tend to succeed more compared to conventional restaurants, primarily due to low yearly overhead costs, low initial capital investments, and the rising popularity of street food among the urban young population. Furthermore, mobile foodservice establishments offer better opportunities for expansion of the customer base as well as customization of the menus to cater to a wider target audience. The growing demand for mobile food service will lead to the expansion of the global foodservice market at a CAGR of almost 5% during the forecast period.

The emergence of ghost kitchens

There has been a rapid rise in the popularity of delivery-optimized ghost kitchens in recent years. These kitchens produce food for online delivery and contain all the required kitchen equipment as well as facilities for the preparation of meals but have no dining area. With the rising number of online food orders, given the emergence of online food delivery platforms, ghost kitchens have emerged as a key business model in the foodservice industry. As a result, various major foodservice establishments across the globe are focusing on launching ghost kitchens to offer superior customer service while reducing the rent and labor costs involved in the conventional setups. Thus, emergence of ghost kitchens is one of the key trends anticipated to boost the global foodservice market growth during the forecast period.

Top Key Players in the Foodservice Market:
o Aramark
o Compass Group Plc
o Domino's Pizza Inc.
o Inspire Brands Inc.
o McDonald's Corp.
o Performance Food Group Co.
o Restaurant Brands International Inc.
o Sodexo Group
o Starbucks Corp.
o and YUM! Brands Inc.

Request Sample for COVID-19 Impact Analysis - https://www.industryresearch.co/enquiry/request-covid19/14920876

The Foodservice market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, applications, and industry.

Foodservice Market Segmentation Covers:
BY FOODSERVICE SYSTEM:
o Conventional
o Centralized
o Ready-prepared
o Assembly-serve
BY SECTOR:
o Commercial
o Non-commercial

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our Foodservice market covers the following areas:
o Foodservice market sizing
o Foodservice market forecast
o Foodservice market industry analysis

Inquire or Share Your Questions If Any Before the Purchasing This Report -https://www.industryresearch.co/enquiry/pre-order-enquiry/14920876

What Global Foodservice Market Report Offers?
o Provides strategic profiling of key players in the Foodservice market.
o Drawing a competitive landscape for the world Foodservice industry.
o Describes insights about factors affecting the Foodservice market growth.
o Analyze the Foodservice industry share based on various factors- price analysis, supply chain analysis etc.
o Extensive analysis of the industry structure along with Foodservice market forecast 2020-2024.
o Granular Analysis with respect to the current Foodservice industry size and future perspective.

Regions Covered in Foodservice Market Report:
o APAC
o Europe
o MEA
o North America
o South America

Purchase this Report (Price 2500 USD for a Single-User License) - https://www.industryresearch.co/purchase/14920876

Some Points Covered from Foodservice Market TOC:

PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
o 2.1 Preface
o 2.2 Preface
o 2.3 Currency conversion rates for USD
PART 03: MARKET LANDSCAPE
o Market ecosystem
o Market characteristics
o Market segmentation analysis
o Value chain analysis
PART 04: MARKET SIZING
o Market definition
o Market sizing 2019
o Market size and forecast 2019-2024
o Market outlook
PART 05: FIVE FORCES ANALYSIS
o Bargaining power of buyers
o Bargaining power of suppliers
o Threat of new entrants
o Threat of substitutes
o Threat of rivalry
o Market condition
PART 06: MARKET SEGMENTATION BY Product Type
o Market segmentation by product
o Comparison by product
o Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
o Geographic segmentation
o Geographic comparison
o North America - Market size and forecast 2019-2024
o Europe - Market size and forecast 2019-2024
o Asia - Market size and forecast 2019-2024
o ROW - Market size and forecast 2019-2024
o Key leading countries
o Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
o Market drivers
o Market challenges
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
o Overview
o Landscape disruption
o Competitive scenario
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
o Research methodology
o List of abbreviations
o Definition of market positioning of vendors
PART 15: EXPLORE

For Detailed TOC - https://www.industryresearch.co/TOC/14920876#TOC

Contact Us:
Name: Ajay More
Phone: US +14242530807/ UK +44 20 3239 8187
Email: sales@industryresearch.co

About Us:
Industry Research Co is an upscale platform to help key personnel in the business world in strategizing and taking visionary decisions based on facts and figures derived from in depth market research. We are one of the top report resellers in the market, dedicated towards bringing you an ingenious concoction of data parameters.

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