Press release
The Food Service Market to reach $1789.12 billion by 2030, as per Maximize Market Research
The Food Service market is expected to hold the largest market share of US$ 1789.12 billion, with a CAGR of 10.2% over the forecast period (2024-2030), because of increasing consumer awareness of Quick service restaurants (QSRs).To provide a comprehensive overview of regional development, the Global Food Service Market Report includes a detailed regional analysis. Furthermore, the report offers essential suggestions and recommendations for players in the food service market to gain a competitive edge across various regions. Additionally, it provides market size and forecast estimates for five major regions from 2024 to 2030
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Full-service restaurants are the most prevalent type of foodservice establishments, holding roughly half of the global market share and driving growth in the quick-service restaurant industry. Over 80% of the world's full-service restaurant market is concentrated in the top ten most populous countries. China leads the world in market value (37%), followed by the US (28%), Japan (7%), and Italy, which ranks first among European nations. In terms of ownership (chains vs. independent), chains account for more than 30% of the global market, with growth in the Asia-Pacific and Europe outpacing the global average. Conversely, North America has the highest chain penetration, at 55%.
July 2024, India, Economic times: Food services market in India to reach Rs 10 lakh crore by 2030
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Food Service Market Segmentation
by Type
Full-Service Restaurants
Quick Service Restaurants
Institutes
Others
by Service Type
Commercial
Institutional
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Food Service Market Key Players
1.Aramark Corporation
2. Compass Group North America
3. Doctor's Associates Inc.
4. Domino's
5.McDonald's Corp.
6. Restaurant Brands International
7. Seven & I Holdings Co. Ltd.
8. Sodexo
9. Starbucks Corporation
10. Yum! Brands Inc
11. Others
Key questions answered in the Food Service Market are:
How much is the global food service market worth?
At what CAGR is the food service market projected to grow in the forecast period (2024-2032)?
Who are the leading players in the global market?
Which region held the highest market position in 2023?
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค:- https://www.maximizemarketresearch.com/market-report/global-foodservice-market/99373/
Key Offerings:
Past Food Service Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Food Service Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Food Service Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
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About Maximize Market Research:
Maximize Market Research is a global market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more.
Their services cover market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence.
Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving market landscape.
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