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2025-2034 Food Supply For Restaurants Market Evolution: Disruptions, Innovations, and Untapped Opportunities
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Food Supply For Restaurants Market Through 2025?
The market size of the food supply for restaurants has seen a robust growth in the recent past. The growth from $513.06 billion in 2024 to $540.64 billion in 2025, represents a compound annual growth rate (CAGR) of 5.4%. Factors such as price volatility, accessibility and price of food items, changing consumer tastes, heightened knowledge of food safety, along with changing weather patterns have been instrumental in shaping the growth during the historical period.
What's the Projected Size of the Global Food Supply For Restaurants Market by 2029?
The market size of food supply for restaurants is predicted to witness robust expansion in the upcoming years, reaching an estimated "$675.46 billion in 2029 at a compound annual growth rate (CAGR) of 5.7%. Various factors contribute to this growth during the forecast period, including supply chain disturbances, import and export controls, relationships with suppliers, inventory control strategies, and efforts on local sourcing. Notable trends during this period include a rising focus on sustainable sourcing methods, the incorporation of technology, ethically and fairly traded products, measures to minimize food wastage, unconventional packing, and the implementation of digital supply management.
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Top Growth Drivers in the Food Supply For Restaurants Industry: What's Accelerating the Market?
Progress in the tourism sector is anticipated to spur the expansion of the market for restaurant food supplies. This surge in tourism is fuelled by heightened consumer confidence, enhanced travel access, and the lifting of limitations linked to the pandemic. By increasing demand for varied and exceptional food choices, the tourism industry stimulates the restaurant food supply market, a demand powered by increased clientele and an assortment of gastronomic tastes. For example, UN Tourism, a Spanish agency under the United Nations promoting responsible, sustainable, and universally accessible tourism, reported in May 2023, that during the first quarter of the year, international arrivals soared to 80% of what it was before the pandemic. An estimated 235 million tourists travelled overseas in the earlier three months of the year, which was more than twice as many as the same interval in 2022. Consequently, the upward trend in the tourism sector is fuelling the market growth of food supplies for restaurants.
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What Are the Key Trends Driving Food Supply For Restaurants Market Growth?
Leading firms in the restaurant food supply market are striving to innovate and improve their services, particularly focusing on solutions like next-day delivery to meet the escalating demand for swift, dependable food supply resources. This next-day service ensures that the shipped package is delivered to the recipient's address by the following working day. For instance, in April 2022, a retail company based in the US named Kroger initiated its restaurant supply business providing next-day delivery to various eateries within the larger Dallas region. This service, offering competitive wholesale rates and seven-day-a-week delivery, specifically targets minor and autonomous restaurant operators. It provides consistent pricing and customizable delivery services to establishments fighting to maintain order minimums and planned supply agendas imposed by traditional food service corporations.
What Are the Main Segments in the Food Supply For Restaurants Market?
The food supply for restaurants market covered in this report is segmented -
1) By Restaurant Type: Quick Service Restaurants (QSRs) Small And Mid-Size Restaurants Large Hotels And Restaurants
2) By Order Type: Bulk Small To Moderate
3) By Application: Bakery Items Dairy Items Meat, Poultry, And Seafood Grains And Flours Oils, Sauces, Dressings, And Condiments Canned, Ready To Cook And Packaged Food Fresh And Frozen Vegetables And Fruits Other Applications
Subsegments:
1) By Quick Service Restaurants (Qsrs): Fast Food Chains Fast Casual Restaurants Takeaway And Delivery Services Drive-Thru Qsrs Coffee Shops And Cafés
2) By Small And Mid-size Restaurants: Independent Restaurants Family-Owned Restaurants Casual Dining Restaurants Fine Dining Restaurants Ethnic Cuisine Restaurants Bistro And Brasserie-Style Restaurants
3) By Large Hotels And Restaurants: Hotel Restaurants (In-House Dining) Banquet And Conference Catering Services Luxury Hotel Restaurants Buffet-Style Hotel Restaurants Large Hotel Chains With Multiple Dining Outlets
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Which Top Companies are Driving Growth in the Food Supply For Restaurants Market?
Major companies operating in the food supply for restaurants market are Sysco Corporation, Performance Food Group, Tyson Foods Inc., US Foods, Gordon Food Service, Chefs' Warehouse, Reinhart Foodservice, Shamrock Foods Company, Brakes Foodservice, Jubilant FoodWorks, CHEF'STORE, What Chefs Want, Surya Foods, Total Foodservice Solutions Ltd, BlueCart Inc., Regency Foods Ltd, Pentagon Food Group, Bidfood, Collectiv Food, TGG Technologies Private Limited (ChfMart), Restaurant Depot, Hyperpure
Which Regions Will Dominate the Food Supply For Restaurants Market Through 2029?
North America was the largest region in the food supply for restaurants market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food supply for restaurants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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