Global Foodservice - Demand and Sales Forecasts, Market Share, Market Size, Market Leaders

Study #: 3817 | Published: 06/2020 | Pages: 215 | Individual User License: US$ 3,900

Global foodservice revenues are forecast to rise 3.7% per year to $4.4 trillion in 2024. Despite significant short-term losses in 2020 and 2021 due to the COVID-19 pandemic, global revenues will rebound as countries reopen “nonessential” businesses, including foodservice establishments. Market growth will be supported by:

  • robust investment in the global expansion efforts of transnational chains
  • rising incomes in developing markets broadening the local consumer base for foodservice
  • healthy and sustainable eating trends supporting higher-value sales in mature markets
  • growing popularity of online food delivery and rapid expansion of delivery networks, including cloud kitchens (i.e., ghost kitchens, virtual kitchens)
  • continued adoption of advanced technologies (e.g., robots) to streamline efficiencies, improve customer experience, and optimize sales

Asia/Pacific Region to Drive Global Market Growth Through 2024

Through 2024, the Asia/Pacific region, led by China, is expected to account for 64% of global revenue gains. Foodservice markets are rapidly expanding in large developing countries such as China, India, and Indonesia, where rising incomes and Westernizing dining customs are driving new demand for foodservice. In particular, these trends support strong growth opportunities for limited-service, as global chains – including KFC, McDonald’s, Pizza Hut, Starbucks, and Taco Bell – continue to target the region for expansion.

Regional revenue growth will also be supported by healthy (if more moderate) advances in mature markets such as Australia and Japan. Although the greatest absolute gains will come from the large but slow-growing full-service dining segment, more innovative areas are growing most quickly. Opportunities exist in investments that expand the use of self-service kiosks, vending machines, and food delivery robots in China, Japan, and South Korea.

US to Remain Largest & Most Active National Foodservice Market

The US is by far the world’s largest foodservice market, accounting for 25% of global revenues in 2019 and registering the highest per capita spending levels of any country. Through 2024, US revenues will benefit from resurging interest in fine dining. However, the fastest growth is expected for fast casual concepts, which offer the quality of full-service and the convenience of fast food as US consumers increasingly prefer healthy, high-quality meal options that can be quickly consumed onsite or on the go.

Cloud Kitchens Expand the Possibilities of Online Food Delivery

Cloud kitchens are nonpublic brick-and-mortar foodservice facilities exclusively dedicated to producing and dispatching meals ordered online, which gained a boost of importance during shutdowns surrounding the COVID-19 pandemic. Even before the pandemic, the ability of cloud kitchens to enhance online food delivery business was leading to broad expansion efforts globally. Grab (Singapore), Uber (US), and Rebel Foods (India) announced plans to expand cloud kitchen facilities in various markets and traditional foodservice brands – including Chick-fil-A and Inspire Brands – are investing in cloud kitchen capacity.


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Table of Contents

1. Executive Summary

2. Overview

Key Findings

Foodservice Revenues by Region

Per Capita Spending on Foodservice

Foodservice Revenues by Segment

Eating & Drinking Places vs. Other Foodservice Establishments

Full-Service Restaurants

Quick-Service & Fast Casual Restaurants

Other Eating & Drinking Places

Other Foodservice Establishments

Factors That Impact the Foodservice Industry

Economic Growth & Personal Incomes

Competition & Cost-Cutting Pressures

Food Culture & Traditions

Health & Wellness Concerns

Impact of COVID-19 on the Foodservice Industry

3. Key Trends in the Foodservice Industry

Sustainability

Trends in Sustainability

Packaging

Food Waste

Sourcing

Off-Site Eating Options

Food Delivery Services

Cloud Kitchens

Catering Services

Technology & Innovation

Online & App-Based Ordering

Cashierless Restaurants/Order Kiosks/Grab & Go

Automated/Waiterless Restaurants

Robot/Drone Delivery

Menu Trends

Plant-Based Options

Limited-Service Menu Simplification

4. North America

North America: Key Findings & Market Size

North America: Foodservice Revenues by Type

United States

United States: Market Size & Key Trends

United States: Foodservice Revenues by Type

United States: Leading Foodservice Chains

Canada

Canada: Market Size & Key Trends

Canada: Foodservice Revenues by Type

Canada: Leading Foodservice Chains

Mexico

Mexico: Market Size & Key Trends

Mexico: Foodservice Revenues by Type

Mexico: Leading Foodservice Chains

5. Central & South America

Central & South America: Key Findings & Market Size

Central & South America: Foodservice Revenues by Type

Country Trends

Leading Foodservice Chains

6. Western Europe

Western Europe: Key Findings & Market Size

Western Europe: Foodservice Revenues by Type

Italy

Italy: Market Size & Key Trends

Italy: Foodservice Revenues by Type

Italy: Leading Foodservice Chains

France

France: Market Size & Key Trends

France: Foodservice Revenues by Type

France: Leading Foodservice Chains

Germany

Germany: Market Size & Key Trends

Germany: Foodservice Revenues by Type

Germany: Leading Foodservice Chains

United Kingdom

United Kingdom: Market Size & Key Trends

United Kingdom: Foodservice Revenues by Type

United Kingdom: Leading Foodservice Chains

Spain

Spain: Market Size & Key Trends

Spain: Foodservice Revenues by Type

Spain: Leading Foodservice Chains

Netherlands

Netherlands: Market Size & Key Trends

Netherlands: Foodservice Revenues by Type

Netherlands: Leading Foodservice Chains

Other Western Europe

Other Western Europe: Market Size & Key Trends

Other Western Europe: Foodservice Revenues by Type

Other Western Europe: Leading Foodservice Chains

7. Eastern Europe

Eastern Europe: Key Findings & Market Size

Eastern Europe: Foodservice Revenues by Type

Country Trends

Leading Foodservice Chains

8. Asia/Pacific

Asia/Pacific: Key Findings & Market Size

Asia/Pacific: Foodservice Revenues by Type

China

China: Market Size & Key Trends

China: Foodservice Revenues by Type

China: Leading Foodservice Chains

Japan

Japan: Market Size & Key Trends

Japan: Foodservice Revenues by Type

Japan: Leading Foodservice Chains

South Korea

South Korea: Market Size & Key Trends

South Korea: Foodservice Revenues by Type

South Korea: Leading Foodservice Chains

India

India: Market Size & Key Trends

India: Foodservice Revenues by Type

India: Leading Foodservice Chains

Indonesia

Indonesia: Market Size & Key Trends

Indonesia: Foodservice Revenues by Type

Indonesia: Leading Foodservice Chains

Australia

Australia: Market Size & Key Trends

Australia: Foodservice Revenues by Type

Australia: Leading Foodservice Chains

Thailand

Thailand: Market Size & Key Trends

Thailand: Foodservice Revenues by Type

Thailand: Leading Foodservice Chains

Taiwan

Taiwan: Market Size & Key Trends

Taiwan: Foodservice Revenues by Type

Taiwan: Leading Foodservice Chains

Other Asia/Pacific

Other Asia/Pacific: Market Size & Key Trends

Other Asia/Pacific: Foodservice Revenues by Type

Other Asia/Pacific: Leading Foodservice Chains

9. Africa/Mideast

Africa/Mideast: Key Findings & Market Size

Africa/Mideast: Foodservice Revenues by Type

Country Trends

Leading Foodservice Chains

10. List of Industry Participants

11. Appendix

Scope

Definitions

Abbreviations

Freedonia Methodology

Study-Specific Methodology

Sources

Associations & Agencies

Related Studies & Reports

Country Lists by Region

Macroeconomic Assumptions

Economic Environment

Demographic Trends


List of Tables

2. Overview

Table 2-1 | Global Foodservice Revenues by Region, 2009 - 2024 (billion dollars)

Table 2-2 | Global Foodservice Revenues by Segment, 2009 - 2024 (billion dollars)

Table 2-3 | Global Full-Service Restaurant Foodservice Revenues by Region, 2009 - 2024 (billion dollars)

Table 2-4 | Global Quick-Service & Fast Casual Restaurant Foodservice Revenues by Region, 2009 - 2024 (billion dollars)

Table 2-5 | Global Other Eating & Drinking Place Foodservice Revenues by Region, 2009 - 2024 (billion dollars)

Table 2-6 | Global Other Foodservice Establishment Foodservice Revenues by Region, 2009 - 2024 (billion dollars)

4. North America

Table 4-1 | North America: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

Table 4-2 | United States: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

Table 4-3 | Canada: Foodservice Revenues by Type, 2009 - 2024 (billion US dollars)

Table 4-4 | Mexico: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

5. Central & South America

Table 5-1 | Central & South America: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

Table 5-2 | Brazil: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

Table 5-3 | Other Central & South America: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

6. Western Europe

Table 6-1 | Western Europe: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

Table 6-2 | Italy: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

Table 6-3 | France: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

Table 6-4 | Germany: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

Table 6-5 | United Kingdom: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

Table 6-6 | Spain: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

Table 6-7 | Netherlands: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

Table 6-8 | Other Western Europe: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

7. Eastern Europe

Table 7-1 | Eastern Europe: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

Table 7-2 | Russia: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

Table 7-3 | Poland: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

Table 7-4 | Other Eastern Europe: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

8. Asia/Pacific

Table 8-1 | Asia/Pacific: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

Table 8-2 | China: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

Table 8-3 | Japan: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

Table 8-4 | South Korea: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

Table 8-5 | India: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

Table 8-6 | Indonesia: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

Table 8-7 | Australia: Foodservice Revenues by Type, 2009 - 2024 (billion US dollars)

Table 8-8 | Thailand: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

Table 8-9 | Taiwan: Foodservice Revenues by Type, 2009 - 2024 (billion US dollars)

Table 8-10 | Other Asia/Pacific: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

9. Africa/Mideast

Table 9-1 | Africa/Mideast: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

Table 9-2 | Turkey: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

Table 9-3 | Other Africa/Mideast: Foodservice Revenues by Type, 2009 - 2024 (billion dollars)

10. List of Industry Participants

Table 10-1 | Selected Industry Participants

11. Appendix

Table 11-1 | Scope: Foodservice Establishment Examples

Table 11-2 | Relevant Industry Codes

Table 11-3 | Relevant NACE Codes

Table 11-4 | Abbreviations & Acronyms Used in Study

Table 11-5 | Countries in North America

Table 11-6 | Countries in Central & South America

Table 11-7 | Countries in Western Europe

Table 11-8 | Countries in Eastern Europe

Table 11-9 | Countries in the Asia/Pacific Region

Table 11-10 | Countries in the Africa/Mideast Region

Table 11-11 | January 2020 Global Gross Domestic Product by Region & Country, 2009 - 2024 (billion 2018 dollars)

Table 11-12 | Global Population by Region & Country, 2009 - 2024 (million persons)


List of Figures

1. Executive Summary

Figure 1-1 | Key Trends in the Global Foodservice Market

2. Overview

Figure 2-1 | Global Foodservice Market Overview

Figure 2-2 | Foodservice Revenue Per Capita by Country, 2019

Figure 2-3 | Global Foodservice Revenues by Segment, 2009 - 2024 (billion dollars)

Figure 2-4 | Per Capita GDP by Country, 2019

Figure 2-5 | Per Capita GDP by Country, 2019 - 2024 (% CAGR)

3. Key Trends in the Foodservice Industry

Figure 3-1 | Sustainable & Recyclable Packaging: Product Examples

Figure 3-2 | Foodservice Compositing: Examples

Figure 3-3 | Sustainable Food Sourcing Example: Starbucks

Figure 3-4 | Self-Service Technology Innovations

Figure 3-5 | Plant-Based Meat Alternatives

4. North America

Figure 4-1 | North America: Foodservice Market Key Indicators, 2019

Figure 4-2 | United States: Foodservice Market Key Indicators, 2019

Figure 4-3 | United States: Foodservice Revenues, 2007 - 2019 (billion dollars)

Figure 4-4 | Canada: Foodservice Market Key Indicators, 2019

Figure 4-5 | Canada: Foodservice Revenues, 2007 - 2019 (billion US dollars)

Figure 4-6 | Mexico: Foodservice Market Key Indicators, 2019

Figure 4-7 | Mexico: Foodservice Revenues, 2007 - 2019 (billion dollars)

5. Central & South America

Figure 5-1 | Central & South America: Foodservice Market Key Indicators, 2019

6. Western Europe

Figure 6-1 | Western Europe: Foodservice Market Key Indicators, 2019

Figure 6-2 | Italy: Foodservice Market Key Indicators, 2019

Figure 6-3 | Italy: Foodservice Revenues, 2007 - 2019 (billion dollars)

Figure 6-4 | France: Foodservice Market Key Indicators, 2019

Figure 6-5 | France: Foodservice Revenues, 2007 - 2019 (billion dollars)

Figure 6-6 | Germany: Foodservice Market Key Indicators, 2019

Figure 6-7 | Germany: Foodservice Revenues, 2007 - 2019 (billion dollars)

Figure 6-8 | United Kingdom: Foodservice Market Key Indicators, 2019

Figure 6-9 | United Kingdom: Foodservice Revenues, 2007 - 2019 (billion dollars)

Figure 6-10 | Spain: Foodservice Market Key Indicators, 2019

Figure 6-11 | Spain: Foodservice Revenues, 2007 - 2019 (billion dollars)

Figure 6-12 | Netherlands: Foodservice Market Key Indicators, 2019

Figure 6-13 | Netherlands: Foodservice Revenues, 2007 - 2019 (billion dollars)

Figure 6-14 | Other Western Europe: Foodservice Market Key Indicators, 2019

Figure 6-15 | Other Western Europe: Foodservice Revenues, 2007 - 2019 (billion dollars)

7. Eastern Europe

Figure 7-1 | Eastern Europe: Foodservice Market Key Indicators, 2019

8. Asia/Pacific

Figure 8-1 | Asia/Pacific: Foodservice Market Key Indicators, 2019

Figure 8-2 | China: Foodservice Market Key Indicators, 2019

Figure 8-3 | China: Foodservice Revenues, 2007 - 2019 (billion dollars)

Figure 8-4 | Japan: Foodservice Market Key Indicators, 2019

Figure 8-5 | Japan: Foodservice Revenues, 2007 - 2019 (billion dollars)

Figure 8-6 | South Korea: Foodservice Market Key Indicators, 2019

Figure 8-7 | South Korea: Foodservice Revenues, 2007 - 2019 (billion dollars)

Figure 8-8 | India: Foodservice Market Key Indicators, 2019

Figure 8-9 | India: Foodservice Revenues, 2007 - 2019 (billion dollars)

Figure 8-10 | Indonesia: Foodservice Market Key Indicators, 2019

Figure 8-11 | Indonesia: Foodservice Revenues, 2007 - 2019 (billion dollars)

Figure 8-12 | Australia: Foodservice Market Key Indicators, 2019

Figure 8-13 | Australia: Foodservice Revenues, 2007 - 2019 (billion US dollars)

Figure 8-14 | Thailand: Foodservice Market Key Indicators, 2019

Figure 8-15 | Thailand: Foodservice Revenues, 2007 - 2019 (billion dollars)

Figure 8-16 | Taiwan: Foodservice Market Key Indicators, 2019

Figure 8-17 | Taiwan: Foodservice Revenues, 2007 - 2019 (billion dollars)

Figure 8-18 | Other Asia/Pacific: Foodservice Market Key Indicators, 2019

Figure 8-19 | Other Asia/Pacific: Foodservice Revenues, 2007 - 2019 (billion dollars)

9. Africa/Mideast

Figure 9-1 | Africa/Mideast Foodservice Market Key Indicators, 2019

11. Appendix

Figure 11-1 | Real GDP: January 2020 Forecast vs. May 2020 Revised Forecast (% annual change)


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