Foodservice Market – Global Industry Size, Share, Trend, Opportunity and Forecast 2026 | TechSci Research

1
2016 2026
GLOBAL FOODSERVICE MARKET FORECAST AND
OPPORTUNITIES
www.techsciresearch.com
MARKET INTELLIGENCE . CONSULTING
PUBLISHED JULY 2021
2

• Table of Contents

S. No. Contents Contents Contents
1. Service Overview Service Overview Service Overview
2. Research Methodology Research Methodology Research Methodology
3. Executive Summary Executive Summary Executive Summary
4. Voice of Customer Voice of Customer Voice of Customer
4.1. Factors Affecting Purchase Decision Factors Affecting Purchase Decision
4.2. Source of Information Source of Information
5. Global Foodservice Market Outlook, 2016-2026 Global Foodservice Market Outlook, 2016-2026 Global Foodservice Market Outlook, 2016-2026
5.1. Market Size Forecast Market Size Forecast
5.1.1. By Value
5.2. Market Share Forecast Market Share Forecast
5.2.1. By Type (Dining Services, QSR (Quick Service Restaurants), PBCL (Pubs, Bars, Café and Lounges) and Others
5.2.2. By Ownership (Independent Outlets vs. Chained Outlets)
5.2.3. By Region
5.2.4. By Company (2020)
5.3. Market Map (By Type, By Region) Market Map (By Type, By Region)
6. North America Foodservice Market Outlook, 2016-2026 North America Foodservice Market Outlook, 2016-2026 North America Foodservice Market Outlook, 2016-2026
6.1. Market Size Forecast Market Size Forecast
6.1.1. By Value
6.2. Market Share Forecast Market Share Forecast
6.2.1. By Type
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6.2.2. By Ownership By Ownership By Ownership
6.2.3. By Country By Country By Country
6.3. North America Country Analysis North America Country Analysis North America Country Analysis North America Country Analysis
6.3.1. United States Foodservice Market Outlook, 2016-2026 United States Foodservice Market Outlook, 2016-2026 United States Foodservice Market Outlook, 2016-2026
6.3.1.1. Market Size Forecast Market Size Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share Forecast Market Share Forecast
6.3.1.2.1. By Type
6.3.1.2.2. By Ownership
6.3.2. Canada Foodservice Market Outlook, 2016-2026 Canada Foodservice Market Outlook, 2016-2026 Canada Foodservice Market Outlook, 2016-2026
6.3.2.1. Market Size Forecast Market Size Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share Forecast Market Share Forecast
6.3.2.2.1. By Type
6.3.2.2.2. By Ownership
6.3.3. Mexico Foodservice Market Outlook, 2016-2026 Mexico Foodservice Market Outlook, 2016-2026 Mexico Foodservice Market Outlook, 2016-2026
6.3.3.1. Market Size Forecast Market Size Forecast
6.3.3.1.1. By Value
6.3.2.2. Market Share Forecast Market Share Forecast
6.3.2.2.1. By Type
6.3.2.2.2. By Ownership
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7. Europe Foodservice Market Outlook, 2016-2026 Europe Foodservice Market Outlook, 2016-2026 Europe Foodservice Market Outlook, 2016-2026 Europe Foodservice Market Outlook, 2016-2026 Europe Foodservice Market Outlook, 2016-2026
7.1. Market Size Forecast Market Size Forecast Market Size Forecast Market Size Forecast
7.1.1. By Value By Value By Value
7.2. Market Share Forecast Market Share Forecast Market Share Forecast Market Share Forecast
7.2.1. By Type By Type By Type
7.2.2. By Ownership By Ownership By Ownership
7.2.3. By Country By Country By Country
7.3. Europe Country Analysis Europe Country Analysis Europe Country Analysis Europe Country Analysis
7.3.1. France Foodservice Market Outlook, 2016-2026 France Foodservice Market Outlook, 2016-2026 France Foodservice Market Outlook, 2016-2026
7.3.1.1. Market Size Forecast Market Size Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share Forecast Market Share Forecast
7.3.1.2.1. By Type
7.3.1.2.2. By Ownership
7.3.2. United Kingdom Foodservice Market Outlook, 2016-2026 United Kingdom Foodservice Market Outlook, 2016-2026 United Kingdom Foodservice Market Outlook, 2016-2026
7.3.2.1. Market Size Forecast Market Size Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share Forecast Market Share Forecast
7.3.2.2.1. By Type
7.3.2.2.2. By Ownership
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7.3.3. Italy Foodservice Market Outlook, 2016-2026 Italy Foodservice Market Outlook, 2016-2026 Italy Foodservice Market Outlook, 2016-2026
7.3.3.1. Market Size Forecast Market Size Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share Forecast Market Share Forecast
7.3.3.2.1. By Type
7.3.3.2.2. By Ownership
7.3.4. Germany Foodservice Market Outlook, 2016-2026 Germany Foodservice Market Outlook, 2016-2026 Germany Foodservice Market Outlook, 2016-2026
7.3.4.1. Market Size Forecast Market Size Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share Forecast Market Share Forecast
7.3.4.2.1. By Type
7.3.4.2.2. By Ownership
7.3.5. Russia Foodservice Market Outlook, 2016-2026 Russia Foodservice Market Outlook, 2016-2026 Russia Foodservice Market Outlook, 2016-2026
7.3.5.1. Market Size Forecast Market Size Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share Forecast Market Share Forecast
7.3.5.2.1. By Type
7.3.5.2.2. By Ownership
8. Middle East Africa Foodservice Market Outlook, 2016-2026 Middle East Africa Foodservice Market Outlook, 2016-2026 Middle East Africa Foodservice Market Outlook, 2016-2026 Middle East Africa Foodservice Market Outlook, 2016-2026 Middle East Africa Foodservice Market Outlook, 2016-2026
8.1. Market Size Forecast Market Size Forecast Market Size Forecast Market Size Forecast
8.1.1. By Value By Value By Value
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8.2. Market Share Forecast Market Share Forecast Market Share Forecast Market Share Forecast
8.2.1. By Type By Type By Type
8.2.2. By Ownership By Ownership By Ownership
8.2.3. By Country By Country By Country
8.3. Middle East Africa Country Analysis Middle East Africa Country Analysis Middle East Africa Country Analysis Middle East Africa Country Analysis
8.3.1. Turkey Foodservice Market Outlook, 2016-2026 Turkey Foodservice Market Outlook, 2016-2026 Turkey Foodservice Market Outlook, 2016-2026
8.3.1.1. Market Size Forecast Market Size Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share Forecast Market Share Forecast
8.3.1.2.1. By Type
8.3.1.2.2. By Ownership
8.3.2. Egypt Foodservice Market Outlook, 2016-2026 Egypt Foodservice Market Outlook, 2016-2026 Egypt Foodservice Market Outlook, 2016-2026
8.3.2.1. Market Size Forecast Market Size Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share Forecast Market Share Forecast
8.3.2.2.1. By Type
8.3.2.2.2. By Ownership
8.3.3. South Africa Foodservice Market Outlook, 2016-2026 South Africa Foodservice Market Outlook, 2016-2026 South Africa Foodservice Market Outlook, 2016-2026
8.3.3.1. Market Size Forecast Market Size Forecast
8.3.3.1.1. By Value
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S. No. Contents Contents Contents Contents Contents
8.3.3.2. Market Share Forecast Market Share Forecast
8.3.3.2.1. By Type
8.3.3.2.2. By Ownership
8.3.4. UAE Foodservice Market Outlook, 2016-2026 UAE Foodservice Market Outlook, 2016-2026 UAE Foodservice Market Outlook, 2016-2026
8.3.4.1. Market Size Forecast Market Size Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share Forecast Market Share Forecast
8.3.4.2.1. By Type
8.3.4.2.2. By Ownership
9. South America Foodservice Market Outlook, 2016-2026 South America Foodservice Market Outlook, 2016-2026 South America Foodservice Market Outlook, 2016-2026 South America Foodservice Market Outlook, 2016-2026 South America Foodservice Market Outlook, 2016-2026
9.1. Market Size Forecast Market Size Forecast Market Size Forecast Market Size Forecast
9.1.1. By Value By Value By Value
9.2. Market Share Forecast Market Share Forecast Market Share Forecast Market Share Forecast
9.2.1. By Type By Type By Type
9.2.2. By Ownership By Ownership By Ownership
9.2.3. By Country By Country By Country
9.3. South America Country Analysis South America Country Analysis South America Country Analysis South America Country Analysis
9.3.1. Brazil Foodservice Market Outlook, 2016-2026 Brazil Foodservice Market Outlook, 2016-2026 Brazil Foodservice Market Outlook, 2016-2026
9.3.1.1. Market Size Forecast Market Size Forecast
9.3.1.1.1. By Value
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9.3.1.2. Market Share Forecast Market Share Forecast
9.3.1.2.1. By Type
9.3.1.2.2. By Ownership
9.3.2. Argentina Foodservice Market Outlook, 2016-2026 Argentina Foodservice Market Outlook, 2016-2026 Argentina Foodservice Market Outlook, 2016-2026
9.3.2.1. Market Size Forecast Market Size Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share Forecast Market Share Forecast
9.3.2.2.1. By Type
9.3.2.2.2. By Ownership
9.3.3. Colombia Foodservice Market Outlook, 2016-2026 Colombia Foodservice Market Outlook, 2016-2026 Colombia Foodservice Market Outlook, 2016-2026
9.3.3.1. Market Size Forecast Market Size Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share Forecast Market Share Forecast
9.3.3.2.1. By Type
9.3.3.2.2. By Ownership
10. Market Dynamics Market Dynamics Market Dynamics Market Dynamics Market Dynamics
10.1. Drivers Drivers Drivers Drivers
10.2. Challenges Challenges Challenges Challenges
11. Market Trends and Developments Market Trends and Developments Market Trends and Developments Market Trends and Developments Market Trends and Developments
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S. No. Contents Contents
12. Impact of COVID-19 on Global Foodservice Market Impact of COVID-19 on Global Foodservice Market
13. Competitive Landscape Competitive Landscape
13.1. Compass Group Plc
13.2. McDonald's Corporation
13.3. Performance Food Group Company
13.4. Sodexo Group
13.5. Aramark Corporation
13.6. Starbucks Corporation
13.7. Restaurant Brands International Inc.
13.8. Yum! Brands, Inc.
13.9. Domino's Pizza, Inc.
13.10. Inspire Brands, Inc.
14. Strategic Recommendations Strategic Recommendations
15. About us Disclaimer About us Disclaimer
10
Service Overview
11

• Scope of Report
• Service of Interest (POI) Foodservice

Food service or catering industry defines those
businesses, institutions, and companies
responsible for any meal prepared outside the
home. This industry includes restaurants, school
and hospital cafeterias, catering operations, and
many other formats.
Market Segmentation
BY OWNERSHIP

• Independent Outlets
• Chained Outlets

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Research Methodology
13

• Research Methodology

Data Collection
Developing list of Respondents
Formulating Questionnaire
Market Profiling
Data Validation
Data Analysis
In-depth secondary research was conducted to
determine top players in the global foodservice
market, overall market size and segmental market
size.
The data was scrutinized using MS-Excel,
statistical tools and internal proprietary
database to obtain qualitative and quantitative
insights about the global foodservice market.
Data obtained as a result of primary and
secondary research was validated through rigorous
triangulation.
TechSci conducted interviews with industry
experts and industry players for data collection
and verification.
In order to conduct industry experts interviews,
TechSci formulated a detailed discussion guide.
List of industry players and industry specialists
was developed.
Primary Research
Desk Research
Company Analysis

• Recent Developments
• Market Changing Aspects/Dynamics
• Government Policies
• Final Conclusion

• Market Participants
• Key Strengths

• Identifying Key Opinion Leaders
• Questionnaire Design
• In-depth Interviews

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14

• Research Methodology

• Baseline Methodology
• Our dedicated team of industry experts has
  monitored and analyzed various aspects of the
  global foodservice market. The team has analyzed
  the outlook of various segments of this market,
  while considering the major influencing factors
  such as change in consumer taste preferences,
  innovation in existing service offerings,
  urbanization, disposable income, number of women
  as part of workforce and more such factors. The
  study includes market forecasting, which would
  enable our clients to take better decisions while
  planning their strategy to achieve sustainability
  in the global foodservice market.
• Methodology Followed for Calculation of Market
  Size
• Market Size by Value Volume Market size, in
  terms of value, for the year 2020 was calculated
  based on information collected through exhaustive
  secondary research and primary surveys, with
  various key opinion leaders/stakeholders, such as
  foodservice companies, channel partners, market
  influencers end users, industry experts, and
  other industry participants.
• The team interviewed more than 2025 foodservice
  companies, 300 end users, and 1520 industry
  experts and other value chain stakeholders in the
  global foodservice market to obtain the overall
  market size from 2016 to 2020, which was
  validated by the Delphi technique. Taking
  standard deviation into consideration, the market
  size was averaged out, to arrive at the market
  size data during 2016-2020.

14
15

• Research Methodology

• Respondents were asked about the current and
  future market growth rates, market shares by
  type, by ownership, by region and by company.
  Removing the outlier responses, the geometric
  mean of growth estimates and supplier wise
  revenue shares generated across various segments
  were considered, to arrive at the final revenue
  shares. Revenue shares generated across various
  segments were further triangulated from other
  stakeholders depending upon the type of
  foodservice.
• Methodology Followed for Forecasting
• Market shares by type, by ownership, by region
  and by company were calculated based on the
  responses received through primary surveys with
  industry experts, in which the respondents were
  asked about the market shares or revenue
  generated from various types of foodservice
  segments. The final shares were calculated by
  taking the geometric mean of the responses
  gathered from key opinion leaders after
  eliminating the outliers.
• TechSci Research performed periodical checks on
  data collected through the surveys with logic
  checks and analyzed the survey results in
  SPSS/Tableau Software.
• Data triangulation techniques were applied to
  fill the gaps and to present a more meaningful
  picture of the market. To forecast Global
  foodservice market, TechSci Research used various
  forecast techniques such as
• Moving Average
• Time Series Analysis
• Regression Analysis
• Econometric and Judgmental Analysis

15
16

• Research Methodology

TechSci Research used its own forecast tool,
which is based on the growth of various allied
industries in respective regions. TechSci
Research also used the impact analysis during
short, medium and long-term period to estimate
and analyze the market demand scenario. It should
be noted that the figures compiled are only for
the organized market including market share data.
The currency used in the report is the United
States Dollar (USD), with the market size
indicated in USD million.
Partial List of Companies Interviewed Key Secondary Sources
Compass Group PLC McDonald's Corporation Performance Food Group Company Restaurant Brands International Inc. Yum! Brands, Inc. Aramark Corporation Sodexo Group Domino's Pizza, Inc. Starbucks Corporation Inspire Brands, Inc. World Bank TechSci Research Proprietary Database Knowledge Repository Company Annual Reports Industry Magazines BP Statistics Industry Reports News Dailies Credible Paid Databases
16
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Industry Brief
Change in consumer lifestyle coupled with rise in
online food delivery services to drive the global
foodservice market during the forecast
period. According to TechSci Research
report, Global Foodservice Market By Type
(Dining Services, QSR Quick Service Restaurants
(QSR), Pubs, Bars, Cafe and Lounges (PBCL), and
Others), By Ownership (Independent Outlets vs.
Chained Outlets), By Region, Competition,
Forecast Opportunities, 2026, the global
foodservice market is projected to grow from
USD3093.96 billion in 2020 to USD3978.83 billion
in 2026, growing at a CAGR of 4.72. The growth
is expected as the companies are rearranging
their operations to recover the loss that
occurred because of COVID-19, which led to the
tentative shutdown of commercial activities to
maintain the social distancing which resulted in
operational challenges and a huge loss to the
foodservice industry. However, it is expected
that the foodservice market will recover from the
loss across the forecast period as it is an
unpredicted event, and it could not be defined
through the ongoing weakness in the foodservice
market or the global economy. To remain
competitive in the market, food service companies
across the globe are entering into strategic
alliances and improving their product line and
hence, developing an edge over their competitors.
In the year 2018, Starbucks Corporation formed a
global coffee alliance with Nestlé S.A. to
accelerate and grow the global reach of Starbucks
brand in consumer packaged goods and
foodservices. With a shared commitment to ethical
and sustainable sourcing of coffee, this
strategic alliance between Starbucks and Nestlé
S.A. will transform, expand and elevate both, at
the home and away-from-home coffee and related
categories around the world. Moreover, another
trend observed across the world is the decline in
the volume of cash transactions. Online
transactions and card payments are rising due to
convenience for both consumers and foodservice
companies. Due to digitization, the person who
takes orders in the restaurant can directly tap
or swipe to add items and then subsequently send
orders to the kitchen in less time without
leaving the floor. All the food service companies
across the globe are accepting online
transactions to provide a better customer
experience by offering discounts to retain
customers. Thus, leading to the increasing demand
for food services across the globe. Furthermore,
the launch of low-fat drinks, gluten-free
products, on-the-go foodservice and online
platforms, as well as attractive packaging, are
all contributing to the market's development.
Even the factors such as the increasing number of
working women, decline in the practice of
preparing homemade food, increasing disposable
income, improving distribution channels, etc. are
also catalyzing the growth of the foodservice
market. Many restaurants have recently begun
introducing modern technology like tablets on
their tabletops to automate the process of
ordering food. For example, Chilis, an American
casual dining restaurant chain overhauled its
in-store ordering system by adding more than
45000 tablets across its 823 stores.
Technology-driven solutions and facilities are
becoming more popular in bars and nightclubs.
Self-ordering touchscreen kiosks, smartphone
applications for personalized orders and fast
payment, and digital entertainment such as gaming
are all being introduced by companies in the
sector. Asia-Pacific was the highest revenue
generating region in the global foodservice
market in 2020. Furthermore, the region is
estimated to remain the most dominating region in
the forecast period as well, owing to the factors
such as increased internet connectivity, modern
and changing lifestyles and preferences,
increasing disposable income of middle income
group, etc. The growth of the region is
attributed to the high population density,
growing industrialization and increasing food
joints and restaurants in the region.
Furthermore, the countries in the region like
India, Japan, South Korea, Australia, etc.
exhibit huge growth potential owing to the
presence of large urban agglomerations, which
results in the increasing demand for
foodservices. Moreover, improving lifestyles and
rising purchasing power and growing per capita
income in the region, due to growing working
population are further leading to the higher
demand for foodservices in the region. The
global foodservice market is competitive with the
presence and minimal market share of domestic
companies in countries such as China and India.
Above all other aspects, the launching of a new
product has become the most critical strategy,
due to the rapidly changing nature, taste, and
preferences of the consumers. Also, businesses
have embraced growth through mergers and
acquisitions by multinational companies, which
has proven to be successful in making their
presence stronger. Some of the leading players in
the market are Compass Group PLC, McDonald's
Corporation, Performance Food Group Company,
Sodexo Group, Aramark Corporation, Restaurant
Brands International Inc., Yum! Brands,
Inc., Inspire Brands, Inc., Domino's Pizza, Inc.,
and Starbucks Corporation. Major foodservice
companies are expanding their businesses to meet
the rising demand across North America, Europe,
Asia-Pacific, Middle East Africa, and South
America. The global foodservice market is
anticipated to grow over 4.72 CAGR during the
next five years due to growing consumer base and
increasing disposable income. Moreover,
technological up-gradation and growing demand for
ready-to-eat foods are further anticipated to
positively influence the growth of the market
through 2026, said Mr. Karan Chechi, Research
Director with TechSci Research, a research-based
global management consulting firm.
18
Sample Data - Snapshot
Global Foodservice Market Size, By Value (USD
Billion), 2016-2026F
CAGR 2016-2020 By Value xx
CAGR 2021E-2026F By Value xx
North America Foodservice Market Share, By Type,
By Value, 2016-2026F
United States Foodservice Market Share, By
Ownership, By Value, 2016-2026F
19
Report Ordering

• Report Name GLOBAL FOODSERVICE MARKET
• FORECAST AND OPPORTUNITIES
• 2016 2026

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About Us Disclaimer
TechSci Research is a global market research and
consulting company with offices in the US, UK and
India. TechSci Research provides market research
reports in number of areas to organizations. The
company uses innovative business models that
focus on improving productivity, while ensuring
creation of high-quality reports. The proprietary
forecasting models use various analyses of both
industry-specific and macroeconomic variables on
a state-by-state basis to produce a unique
bottom-up model of a country, regional and
global industry prospects. Combined with the
detailed analysis of company activity and
industry trends, the result is a uniquely rich
evaluation of the opportunities available in the
market.
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information generally available to the public
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representation is made that it is timely,
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