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New study: Food service market increasing 4.98% CAGR by 2021

New study: Food service market increasing 4.98% CAGR by 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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Food Service Market in APAC to grow at a CAGR of 4.98% during the period 2017-2021. 

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.

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Food Service Market is divided into the following segments based on geography are Americas, APAC and EMEA.

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.

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This 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.

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.

Food Service Market Report also includes a discussion of the key vendors operating in this market.

Key vendors are McDonald's, Restaurant Brands International, Seven & i Holdings, Starbucks and Yum China Holdings.

Other prominent vendors Are Barista Coffee, Coffee Beanery, Coffee Day Enterprises, Dicos, Domino's Pizza, Doutor Coffee Shop, Ediya Coffee and more.

Market driver are Changing lifestyles and rise in demand for convenient food.

Market challenge are Fluctuating raw material prices.

Market trend are Rising popularity of cafés.

List of Food Service Market Exhibits are:

Exhibit 01: Foodservice market in APAC in the global foodservice market 2016

Exhibit 02: Global foodservice market 2016-2021 ($ trillions)

Exhibit 03: Overview of foodservice market in APAC

Exhibit 04: Foodservice market in APAC 2016-2021 ($ billions)

Exhibit 05: Five forces analysis

Exhibit 06: Foodservice market in APAC by type 2016 and 2021 (% share of revenue)

Exhibit 07: Restaurants market in APAC 2016-2021 ($ billions)

Exhibit 08: Fast food market in APAC 2016-2021 ($ billions)

Exhibit 09: Cafés/bars market in APAC 2016-2021 ($ billions)

Exhibit 10: Delivery and takeaway foodservice market in APAC 2016-2021 ($ billions)

Continued…

Complete Report [email protected] www.rnrmarketresearch.com/food-ser…arket-report.html

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