Foodservice Market Growth, Trends, Analysis and Forecast

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Foodservice Market Share, Size, Global Insights, Emerging
Trends, Growth Drivers and Future Outlook: Market Reports
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Summary
Technavio Announces the Publication of its Research Report – Foodservice Market in the US 2016-2020
Technavio recognizes the following companies as the key players in the foodservice market in the US:
Aramark, Compass Group North America, Domino’ s, McDonald’ s, Restaurant Brands International,
Starbucks, Subway, and Yum! Brands.
Other Prominent Vendors in the market are: AmeriQual Group, Atlas Food Systems and Services, AVI
Foodsystems, B&G Foods, Baldwin Richardson Foods, Basic American Foods, Ben E. Keith, BiRite
Foodservice Distributors, Bon Appétit Management, Brock & Co., Centerplate, Chick-fil-A, CulinArt,
Delaware North Companies, Dunkin’ Brands, Gordon Food Service, Subway, Thompson Hospitality, and
Wendy’ s.
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Commenting on the report, an analyst from Technavio’ s team said: “One trend driving market growth is
the increased demand for healthy and gluten-free food choices. Due to rising celiac disease and gluten
intolerance among consumers, foodservice companies are incorporating healthy options like gluten-free
food products in their menu. It is estimated that one in 133 million Americans suffer from celiac disease,
with 83% undiagnosed. The only treatment for this disease is a gluten (type of protein chiefly found in
wheat, barley and rye) free diet. Therefore, most food outlets offer a gluten-free menu option to
customers in addition to the regular items. Foodservice units now promote healthy and not just tasty
food.”
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According to the report, a key growth driver is the growing popularity of fast-casual restaurants. A fastcasual restaurant is a fresh and rapidly growing concept. It is a combination of quick-service restaurants
and casual dining restaurants. It serves healthier food that is fresh and costs more than the food served
in quick-service restaurants. The increase in health consciousness has pushed the demand for this
segment. Consumers are willing to pay more for the healthy, fresh, and low-calorie food served at fastcasual restaurants. Panera Bread, Chipotle Mexican Grill, Qdoba Mexican Grill, and Baja Fresh are the
top restaurants in this category.
Further, the report states that one challenge that could hamper market growth is the need to maintain
and standardize food safety.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
About the Foodservice Market in the US
Foodservice refers to the sale of food and beverages that have been prepared out-of-home for
immediate consumption, either on the premises from where they are purchased or for takeaway or
home delivery. The foodservice industry caters to cafeterias, hospitals, cafés, pubs, nightclubs, bars, and
hotels. Foodservice has become prevalent in educational institutions and office complexes, as students
and office workers prefer to buy lunch rather than cook at home.
Technavio’ s analysts forecast the foodservice market in the US to grow at a CAGR of 3.33% during the
period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the foodservice market in the US for
2016-2020. To calculate the market size, the report considers revenue generated from the sales of
various food and beverages sold by the global foodservice vendors in terms of revenue. The market is
broadly divided into:
Commercial foodservice: Commercial foodservice is any foodservice operation established to make a
profit from the sale of food and beverages. The commercial foodservice segment in this report includes
full-service restaurants, fast food or quick service restaurants, pubs, hotels, bars, cafés, takeaway, home
delivery, and others.
Non-commercial foodservice: In non-commercial type of foodservice segment, food is primarily
prepared and served to support another establishment’ s main function or purpose. The noncommercial foodservice segment in this report includes educational institutions, workplaces, and
hospitals.
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Technavio's report, Foodservice Market in the US 2016-2020, 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. The report also includes a discussion of the key vendors
operating in this market.
Key vendors
• Aramark
• Compass Group North America
• Domino’ s
• McDonald’ s
• Restaurant Brands International
• Starbucks
• Subway
• Yum! Brands
Other prominent vendors
• AmeriQual Group
• Atlas Food Systems and Services
• AVI Foodsystems
• B&G Foods
• Baldwin Richardson Foods
• Basic American Foods
• Ben E. Keith
• BiRite Foodservice Distributors
• Bon Appétit Management
• Brock & Co.
• Centerplate
• Chick-fil-A
• CulinArt
• Delaware North Companies
• Dunkin’ Brands
• Gordon Food Service
• Subway
• Thompson Hospitality
• Wendy’ s
Market driver
• Growing popularity of fast-casual restaurants
• For a full, detailed list, view our report
Market challenge
• Need to maintain and standardize food safety
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• For a full, detailed list, view our report
Market trend
• Increase in healthy and gluten-free food choices
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’ s time when you purchase this market report. Details are
provided within the report.
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Table of Content
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Top vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by end-users
• Large enterprises
• SMEs
PART 07: Geographical segmentation
• Americas
• EMEA
• APAC
PART 08: Market drivers
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PART 09: Impact of drivers
PART 10: Market challenges
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According to the report, a key growth driver is the growing popularity of fast-casual restaurants. A fast-casual restaurant is a fresh and rapidly growing concept. It is a combination of quick-service restaurants and casual dining restaurants.