Press release
Food Service 2018 APAC Market Expected to Grow at CAGR 4.98 % and Forecast to 2021
Food Service Market
About Food Service
Foodservice refers to the sale of food and beverages that is prepared out-of-home for immediate consumption either on the premises from where they are purchased or for takeaway and home delivery. The foodservice industry offers its services to cafeterias, hospitals, cafés, pubs, nightclubs, bars, and hotels. Foodservice outlets are one-stop shop for household consumers that deliver foods of consumers' choice right at their doorstep. The working population, being time-pressed to prepare food, demands foods that are ready-to-eat or take very little effort to dish out. This has led to the adoption of a variety of food products from foodservice providers. Furthermore, trends like self-service, family oriented dining, and cafeteria are on the rise.
Technavio’s analysts forecast the food service market in APAC to grow at a CAGR of 4.98% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the food service market in APAC for 2017-2021. To calculate the market size, the report considers the sales, volume, and value.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Food Service Market in APAC 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
• McDonald’s
• Restaurant Brands International
• Seven & i Holdings
• Starbucks
• Yum China Holdings
Other prominent vendors
• Barista Coffee
• Coffee Beanery
• Coffee Day Enterprises
• Dicos
• Domino’s Pizza
• Doutor Coffee Shop
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Market driver
• Changing lifestyles and rise in demand for convenient food
• For a full, detailed list, view our report
Market challenge
• Fluctuating raw material prices
• For a full, detailed list, view our report
Market trend
• Rising popularity of cafés
• 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?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table Of Contents:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
• Market outline
• Global foodservice market
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by type
• Foodservice market in APAC by type
• Restaurants market in APAC
• Fast food market in APAC
• Cafés/bars market in APAC
• Delivery and takeaway foodservice market in APAC
• Others foodservice market in APAC
PART 07: Market segmentation by product
• Foodservice market in APAC by product
• Food sales in APAC foodservice market
• Beverage sales in APAC foodservice market
PART 08: Key leading countries
• China
• Japan
• India
• South Korea
PART 09: Decision framework
PART 10: Drivers and challenges
• Market drivers
• Market challenges
PART 11: Market trends
• Introduction of healthy meals in food menus
• Rising popularity of cafés
• Growing popularity of online and mobile app-based food ordering
• Innovation in packaging for takeaway food
PART 12: Vendor landscape
• Competitive scenario
PART 13: Key vendor analysis
• McDonald’s
• Restaurant Brands International
• Seven & i Holdings
• Starbucks
• Yum China Holdings
Continued…….
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