Food Service Market
Food Service Market - Global Industry Assessment & Forecast
#
Pages:
141
2022
May - 2022
VMR-1552
Segments Covered
By
Type Full Service Restaurants, Quick Service Restaurants, Institutes, Others
-
By
Service Type Commercial, Institutional
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 2761.47 Billion |
 Revenue 2030:
|
USD 5833.88 Billion |
 Revenue CAGR
(2023 - 2030): |
9.80% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Food Service Market by Type by Service Type by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
Vantage Market
Research | 17-May-2022
FAQ
Frequently Asked Question
What is the global demand for Food Service in terms of revenue?
-
The global Food Service valued at USD 2761.47 Billion in 2022 and is expected to reach USD 5833.88 Billion in 2030 growing at a CAGR of 9.80%.
Which are the prominent players in the market?
-
The prominent players in the market are McDonald's (Illinois - United States), Starbucks (Washington - U.S.), Marriott International (Maryland - U.S.), Subway (Connecticut - U.S.), Hyatt Hotels Corporation (Illinois - U.S.), Hilton Worldwide (Virginia - U.S.), KFC (Kentucky - U.S.), Burger King (Florida - U.S.), Pizza Hut (Texas - U.S.), Domino's (Michigan - U.S.).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 9.80% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Food Service include
- Increasing Demand Of Food Services In Institute Levels Boosts Growth Of Market
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Food Service in 2022.
