Press release
Food Service Market in APAC Expanding at a CAGR of 4.98% between 2018 and 2021
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.
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The foodservice industry offers its services to cafeterias, hospitals, cafs, 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.
Technavios 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
View Complete TOC with tables & Figures @ https://www.researchmoz.us/food-service-market-in-apac-2017-2021-report.html/toc
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
McDonalds
Restaurant Brands International
Seven & i Holdings
Starbucks
Yum China Holdings
Other prominent vendors
Barista Coffee
Coffee Beanery
Coffee Day Enterprises
Dicos
Dominos Pizza
Doutor Coffee Shop
Ediya Coffee
Gloria Jeans Coffees
Jollibee Foods
J.CO DONUTS & COFFEE
Krispy Kreme Doughnuts
Mad Over Donuts
Mister Donut
MOS Food Services
Mr. Lee
Speciality Restaurants
Subway
Tullys Coffee
Yum! Brands
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 cafs
For a full, detailed list, view our report
Browse Report @ https://www.researchmoz.us/food-service-market-in-apac-2017-2021-report.html
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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