Press release
Foodservice Market in the US to grow at a CAGR of 5.56% during the period 2017-2021
The main objective of this report is to define, describe, and forecast the global "Foodservice" market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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About Foodservice
Foodservice refers to the sales of food and beverages that have been prepared out-of-home for immediate consumption and distributed either through the foodservice outlet or through take away/home delivery. The foodservice sector offers its services to cafeterias, hospitals, cafs, pubs, nightclubs, bars, and hotels. Foodservice market is also booming in educational institutions and office complexes, as students and employees are increasingly buying lunches and snacks instead of bringing home-cooked food.
Technavios analysts forecast the foodservice market in the US to grow at a CAGR of 5.56% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the foodservice market in the US for 2017-2021. To calculate the market size, the report considers the sales, volume, and value.
Technavio's report, Foodservice Market in the US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Dunkin Brands Group
McDonalds
Restaurant Brands International
Starbucks
Yum Brands
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Other prominent vendors
Chick-fil-A
Coffee Beanery
Dominos Pizza
Gloria Jeans Coffees
Jersey Mike's Sub
Krispy Kreme Doughnuts
Marco's Pizza
Raising Cane's
Subway
Tullys Coffee Corp
Wingstop
Market driver
Effective marketing campaigns
For a full, detailed list, view our report
Market challenge
Fluctuating raw material prices
For a full, detailed list, view our report
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Market trend
Increasing popularity of food trucks
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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