2025 Restaurants And Mobile Food Services Industry Trends Report: Long-Term Outlook Through 2034

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What Is the Expected CAGR for the Restaurants And Mobile Food Services Market Through 2025?
The market size of restaurants and mobile food services has been on a steady uptrend in recent times. A rise from $3216.58 billion in 2024 to $3409.24 billion in 2025 is projected, indicating a compound annual growth rate (CAGR) of 6.0%. The notable growth during the historic period is attributable to sturdy economic growth in developing economies, an escalating demand for quick-service food options, increased expenditure on eating out, alongside the significant impact of digital media advertising and social media.

What's the Projected Size of the Global Restaurants And Mobile Food Services Market by 2029?
The size of the restaurant and mobile food services market is anticipated to experience robust growth in the upcoming years, reaching a value of $4285.96 billion by 2029, with a compound annual growth rate (CAGR) of 5.9%. This predicted progress during the forecast period is due to factors such as the growing demand for online food delivery services, increasing population, rising urbanisation, and evolving consumer tastes. Key trends projected for the forecast period include the emphasis on autonomous delivery systems, robot-enabled quick-service restaurants (QSRS), use of cloud technology, the Internet of Things (IoT), commitment to sustainability, and a focus on strategic partnerships and acquisitions.

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Top Growth Drivers in the Restaurants And Mobile Food Services Industry: What's Accelerating the Market?
The process of globalization is anticipated to facilitate further collaborations, overseas investments, global outreach, and the establishment of facilities by multi-national firms in areas with high growth potential. Consequently, restaurant owners will have the opportunity to introduce their cuisine to an international audience. Furthermore, globalization simplifies the procurement process for restaurants, enabling them to offer an array of intricate and diverse dishes, thus enhancing their global competition. It has also led to an increased density of prospective vendors for restaurants, which expands their bargaining power leading to an improved bottom line. As an example, McDonald's, a globally produced fast-food chain with franchises worldwide, invests in and supports ventures to customize its products and services according to different regions, ensuring the global standard of its brand. The surge in globalization is expected to stimulate investments, thereby bolstering the market in the future.

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What Trends Will Shape the Restaurants And Mobile Food Services Market Through 2029 and Beyond?
Entities operating in the restaurant and mobile food service sector largely depend on endorsements and evaluations. As a result, they are implementing promotional strategies through various social media platforms. Mobile apps such as GrubHub and JustEat provide accessibility for customers to review, explore menus and dietary data, place orders, and book reservations. The use of social media serves to reinforce customer loyalty and improve public image, as customers disseminate images and feedback, thus amplifying knowledge about restaurants. For instance, restaurants are shifting toward employing live streaming video content to captivate their online audiences and establish communication. Social media platforms are predicted to play a substantial role in driving growth in the restaurant and mobile food services sector.

What Are the Main Segments in the Restaurants And Mobile Food Services Market?
The restaurants and mobile food services market covered in this report is segmented -

1) By Type: Full-Service Restaurants, Limited-Service Restaurants, Cafeterias, Grill Buffets, And Buffets, Mobile Food Services
2) By Ownership: Chain Market, Standalone Market
3) By Pricing: High-End, Economy
4) By Service Type: Online Booking, Offline Booking

Subsegments:
1) By Full-Service Restaurants: Fine Dining, Casual Dining, Family Style, Theme Restaurants
2) By Limited-Service Restaurants: Fast Food, Fast Casual, Coffee Shops And Cafés, Quick Service Restaurants, Cafeterias
3) By Cafeterias: Workplace Cafeterias, Hospital Cafeterias
4) By Grill Buffets And Buffets: All-You-Can-Eat Buffets, Specialty Buffets
5) By Mobile Food Services: Food Trucks, Food Carts, Pop-Up Restaurants, Catering Services

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Which Top Companies are Driving Growth in the Restaurants And Mobile Food Services Market?
Major companies operating in the restaurants and mobile food services market include Darden Restaurants, Yum China Holdings, Inc., McDonald's, Chipotle, Zensho Holdings Co Ltd, Subway, Chick-fil-A, Bloomin' Brands, Brinker International, Qummy, Bomra's, Mimi Kakushi, Orfali Bros Bistro, GrowFood, Live Menu, Zuma, PedidosYa, iFood, LPM Restaurant & Bar, Wasabi by Morimoto, Burger King, MenuDino, The Table, Flair Rooftop, Masque, Gaia, LanTing Restaurant, Salon de Ville, Bartello, Il Borro Tuscan Bistro, Broniboy, Club Dominó, Uber Eats, The Handmade Cake Company Limited, Cut by Wolfgang Puck, Just Eat, YICAFE at Pudong Shangri-La, KFC, Deliveroo, La Vita è Bella, Reif Kushiyaki, Performance Food, Catery, Cracker Barrel Old Country Store, 3 Fils, Shanghai Haidilao Hot Pot, Pizza Express, Iiko, Jin Xuan Chinese Restaurant, Welldone, Restaurant Brands International Inc., Amazonico

Which Regions Will Dominate the Restaurants And Mobile Food Services Market Through 2029?
Asia-Pacific was the largest region in the restaurants and mobile food services market in 2024. North America was the second largest region in the restaurants and mobile food services market. The regions covered in the restaurants and mobile food services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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