With 2.3% CAGR, Global Full Service Restaurant Market Size to Surpass US$ 1.4 Bn by the end of 2032

The full-service restaurant market is expected to experience significant growth in the future years, supported by a flourishing global food and beverage industry and rising per-capita spending on food services. The market for full-service restaurants was predicted to be worth $1,400 billion in 2018; during the next five years, it is expected to grow at a CAGR of 2.3%.

Furthermore, the market for fresh food is growing swiftly on a global scale, prompting full-service restaurants to focus on delivering meals created with fresh ingredients to attract customers.

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The businesses are sourcing regionally produced foods for their fresh meals, which will enable them to draw in more conscious clients and so foster market expansion. Customers are also focusing on dining in more practical ways, which is predicted to increase demand for organised food services in the global full-service restaurant industry.

Since the market for full-service restaurants is extremely competitive, the majority of industry players are focusing on increasing their presence and market share abroad. As worldwide per capita spending increases, customers' focus is shifting increasingly towards full-service restaurants and outside food service. The main competitors in the full service restaurant industry are focusing on improving their online presence in order to stand out in the harsh environment.

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Companies Covered in This Report :  Full Service Restaurant Market

rinker International, Inc.,
Yum! Brands, Inc.
Compass Group PLC
Dine Brands Global
Darden Restaurants, Inc.
Red Lobster Hospitality LLC
Famous Dave's of America, Inc.
Red Robin International
F. Chang's China Bistro, Inc.
TCF Co. LLC.
Skylark Restaurants Co., Ltd.
L'Osteria
Rosinter Restaurants
The Indian Hotels Company Ltd.
Pizzerías Carlos

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Full Service Restaurants Market: In-Depth Assessment on Key Segments-

Full Service Restaurants Market By Model : Independent Consumer Foodservice, Chained Consumer Foodservice

Full Service Restaurants Market By Service : Casual Dining Restaurants, Fine Dining Restaurants

Full Service Restaurants Market By Location : Standalone, Retail, Travel, Leisure, Hotels

Full Service Restaurants Market By Region : North America, Latin America, Europe, Middle East, Africa, Asia Pacific

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The Food & Beverage team at Persistence Market Research provides all the necessary insights and consulting analysis to fulfil the unique business intelligence needs of clients worldwide. With a catalogue of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

This release was published on openPR.