United States Food Service Market Size 2018 At More Than High CAGR By 2028 | TechSci Research
The digitalization of food service and the availability of diverse cuisines are key drivers expected to propel the US food service market in the forecast period.
TechSci
Research's report, "US
Food Service Market – Region, Competition, Forecast, and Opportunity,
2028" forecasts significant growth in the US food service market due
to evolving consumer preferences, urbanization, appealing food packaging,
hectic lifestyles, changing routines, and flavor variety.
The
focus in the food service sector now emphasizes developing functional and
sustainable food, catering to customers' desires for organic, tailored diets,
nutritious snacks, and fresh, unprocessed products. This shift responds to
increased demand for fast, convenient, and attractive options.
The
COVID-19 pandemic heightened health and safety concerns in the food service
industry, prompting implementation of contactless ordering, payment systems,
and enhanced sanitation protocols for safer dining experiences.
In the modern foodservice industry, emphasis lies on researching and creating functional and organic food products to meet the growing demand for healthier options. Consumers' focus on health and wellness drives demand for plant-based, vegetarian, gluten-free, and allergen-friendly menu options.
The
US food service market is highly competitive, with large chains and independent
establishments vying for market share through menu offerings, pricing, and
overall dining experiences.
Ownership
categories include chained outlets, part of larger chains or franchises,
benefiting from standardized menus and corporate support. Examples include
McDonald's, Subway, and Starbucks. Independent outlets, standalone businesses
with unique menus and concepts, have the flexibility to adapt quickly to
changing trends without corporate constraints.
Browse over xx
market data Figures spread through xx Pages and an in-depth TOC on the "United
States Food Service Market."
https://www.techsciresearch.com/report/united-states-food-service-market/7945.html
The
US food service market is categorized by type, ownership, region, and
competition. Types include quick service restaurants (QSR), dining services
(hotels and restaurants), pubs, bars, café, and lounges (PBCL), and others such
as cafeterias and cloud kitchens. Ownership is divided into chained outlets and
independent outlets. Regions include South, Midwest, Northeast, and West.
Key market
players in the United States food service market include:
· Performance
Food Group, Inc.
· Compass
Group USA, Inc.
· McDonald's
USA LLC
· Sodexo,
Inc.
· Yum!
Brands, Inc.
· ARAMARK
Corporation
· Starbucks
Corporation
· Restaurant
Brands International, Inc.
· Domino’s
Pizza, Inc.
· MTY Food Group Inc.
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"The
digitalization of the food service market is a significant trend poised to
drive growth in the forecast period. Advancements in technology, evolving
consumer preferences, and the diversification of cuisines will positively
impact the market. Increasing demand for healthier menus, effective marketing
strategies, and the popularity of e-commerce channels will further fuel
growth," stated Mr. Karan Chechi, Research Director at TechSci Research.
"US
Food Service Market: Types (QSR, Hotels, Restaurants, PBCL, Others), Ownership
(Chained, Independent), Region, Competition, Forecast & Opportunities,
2028" assesses the future growth potential of the US food service market,
offering insights on structure, size, and trends. The report provides
cutting-edge market intelligence for decision-makers, identifying emerging
trends, drivers, challenges, and opportunities in the US food service market.
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