Foodservice Market - Global Industry Analysis, Forecast, 2013 - 2019

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Foodservice Market - Global
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REPORT DESCRIPTION
Companies in the global foodservice market are looking at ways to expand their consumer base. Hence, many foodservice
companies are now making their way into supermarkets to reach more consumers. For their main grocery shopping, a growing
number of households prefer supermarkets and supercenters. This offers a good opportunity for companies to reach new
consumers. Foodservice companies operating in supermarkets offer low-cost options to consumers to replace their home-cooked
meals.
Besides this strategy, companies in the global foodservice market are employing other strategies such as introducing bar and
restaurant concepts in pool, snooker, and air hockey clubs to attract more consumers by providing entertainment. The global
foodservice market is broadly segmented on the basis of the type of foodservice system, the type of food offered, and
geography. The research study on the global foodservice market delivers an extensive analysis of the key market segment.
Each key segment of the global foodservice market is analyzed with its market data. Furthermore, valuable forecasts for these
segments are mentioned in the report. In addition to this, the report examines the fastest growing segments of the global
foodservice market and elaborates on the trends shaping these segments.
Overview of the Global Foodservice Market
According to the USDA, the food system, which includes foodservice and food retailing, supplied approximately US$1.24 tn
worth of food in the U.S. in 2010, out of which approximately US$594 bn was supplied by foodservice facilities. The global
foodservice market caters to schools, restaurants, colleges, cafeterias, and others. The growing consumption of snacks and
meals at food service establishments shows a growing demand among consumers for different types of foods, having an
entertainment value to eating out, and the convenience offered by these services. Furthermore, keeping with the health trend,
the global foodservice market is now also offering more healthy choices for conscious consumers.
Currently, there are four types of foodservice systems – conventional, centralized, assembly service, and ready prepared.
Conventional foodservice systems are the most common type of foodservice system. The foodservice market is increasingly
finding application in colleges, schools, restaurants, and universities. Individuals studying in colleges, schools, or offices tend to
have their daily meals in places such as a cafeteria, which follow the conventional foodservice system.
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Public health service departments in the food sector ensure the quality of the food is in compliance with the recommended
standards. A high cost is incurred to maintain the consistency and hygiene of food quality, along with the requirements such as
the large labor force and food safety. These factors will challenge the global foodservice market to an extent.
Region-wise, the global foodservice market is divided into Europe, North America, Asia Pacific, and Rest of the World. Presently,
North America boasts of the largest number of restaurants and food chains due to the rising demand for fast food. In addition to
this, the North America market benefits from the high number of high-value transactions and mergers in recent years. The North
America market is followed by Western Europe, where France, the U.K. Germany, Italy, and Spain hold substantial market
shares.
Companies mentioned in the research report
The leading companies in the global foodservice market are Sodexo, Aramark Corporation, Compass Group North America,
Guest Services, and Centerplate.
Major
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regions analyzed under this research report are:
Europe
North America
Asia Pacific
Rest of the World
This report gives you access to decisive data such as:
 Market growth drivers
 Factors limiting market growth
 Current market trends
 Market structure
 Market projections for the coming years
Key highlights of this report
 Overview of key market forces propelling and restraining market growth
 Up-to-date analyses of market trends and technological improvements
 Pin-point analyses of market competition dynamics to offer you a competitive edge
 An analysis of strategies of major competitors
 An array of graphics and SWOT analysis of major industry segments
 Detailed analyses of industry trends
 A well-defined technological growth map with an impact-analysis
 Offers a clear understanding of the competitive landscape and key product segments
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Companies in the global foodservice market are looking at ways to expand their consumer base. Hence, many foodservice companies are now making their way into supermarkets to reach more consumers. For their main grocery shopping, a growing number of households prefer supermarkets and supercenters. This offers a good opportunity for companies to reach new consumers. Foodservice companies operating in supermarkets offer low-cost options to consumers to replace their home-cooked meals. Browse Full Report with TOC : http://www.transparencymarketresearch.com/foodservice-market.html