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    You are at:Home » Food Service Market Trends, Scope, Demand, Opportunity and Forecast by 2026
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    Food Service Market Trends, Scope, Demand, Opportunity and Forecast by 2026

    Amir KhanBy Amir KhanAugust 26, 2021Updated:March 11, 2022No Comments4 Mins Read
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    Food Service Market Trends, Scope, Demand, Opportunity and Forecast by 2026
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    Last Updated on March 11, 2022 by rabiamuzaffar

    According to IMARC Group’s latest report, titled “Food Service Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global food service market reached a value of US$ 2,334 Billion in 2020. Food service represents the sale of food and beverages that are primarily prepared for immediate consumption or for takeaways and home deliveries. It includes commercial and non-commercial outlets, such as cafeterias in schools and hospitals, fine dining restaurants, etc. Food service majorly includes ready-prepared systems, where the food is prepared onsite and kept frozen until required, and assembly-serve systems, where pre-prepared foods are purchased, stored, assembled, and served to the consumer. This system offers convenience, a wide variety of food options, professional management, etc.

    Request for a PDF sample of this report:https://www.imarcgroup.com/food-service-market/requestsample

    The escalating demand for customized food menu options is one of the significant factors driving the food service market. Furthermore, consumers are being offered numerous alternatives to customize their meals as per their taste, dietary, and budget preferences, which is propelling the market growth. Besides this, the shifting preferences of working individuals towards hassle-free, nutritious, and hygienic food items that are readily available across diverse distribution channels are catalyzing the product demand. In addition to this, the rising penetration of commercial restaurants and cafés owing to the emerging trend of casual dining is further augmenting the growth of the food service market. Additionally, several other factors, including the increasing number of working women, inflating disposable incomes, improving distribution channels, etc., are expected to fuel the food service market in the coming years. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026.

    As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

    Market Segmentation:

    Breakup by Sector:

    • Commercial
    • Non-commercial

    Breakup by Systems:

    • Conventional Foodservice System
    • Centralized Foodservice System
    • Ready Prepared Foodservice System
    • Assembly-Serve Foodservice System

    Breakup by Types of Restaurants:

    • Fast Food Restaurants
    • Full-Service Restaurants
    • Limited-Service Restaurants
    • Special Food Services Restaurants

    Breakup Region:

    • Asia Pacific
    • North America
    • Europe
    • Middle East and Africa
    • Latin America

    Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/food-service-market

    We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

    Key highlights of the report:                                                    

    • Market Performance (2015-2020)
    • Market Outlook (2021-2026)
    • Market Trends
    • Market Drivers and Success Factors
    • The Impact of COVID-19 on the Global Market
    • Value Chain Analysis
    • Structure of the Global Market
    • Comprehensive mapping of the competitive landscape

    If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

    About Us

    IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

    IMARC’s information products include major market, scientific, economic and technological developments for business leaders in biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.

    Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

    Contact US:

    IMARC Group

    30 N Gould St Ste R

    Sheridan, WY 82801 USA – Wyoming

    Email: Sales@imarcgroup.com

    Tel No:(D) +91 120 433 0800

    Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

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    Amir Khan

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