Published on : Nov 30, -0001
ALBANY, New York, December 01, 2017: Researchmoz has added a new report to its vast database of research studies. The report is titled, "Global Food Service Market: Analysis By Type (Full Service Restaurants, Cafe and Bars, QSRs, Fast Casual Restaurants, Others), By Full Service Restaurant (Fine Dining, Casual Dining), By Region, By Country (2012-2022)-By Region (N. America, Europe, APAC, RoW), By Country (US, UK, Canada, Germany, France, China, India, Japan, Brazil, Mexico, Saudi Arabia, U.A.E)"
The food service market is one that caters to various areas including restaurants, cafeterias, schools, colleges, and others. According to the report, the entertainment value of eating outside on account of the convenience offered by food services will be a key driver for this market. In addition to this, the increasing consumption of meals and snacks at food service establishment will also be the growth of this market. One of the key trends in the market is the shift from junk food to more healthy choice of menu especially for health conscious consumers. Cafeterias and restaurants have added various nutrient filled items to their menu for those customers who wish to reduce their calorie intake. Thus, cafeteria and restaurants are serving a wide variety of fresh fruit juices and vegetables.
As of now, the food service system there are four different types of food service systems. They are: assembly service, can mention, ready or prepared, and centralized. Of these, the most common type of food service system is the conventional food service system. With an increasing number of student population opting to eat their meals outside in cafeterias and restaurants, the conventional food system segment will continue to grow. However, the increasing preference for fresh fruit and vegetables and quality ingredients, the market for customized food menu will also witness high growth in the years to come.
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Players within the global food service market are coming up with innovative ways for packaging the takeaway food. These innovative ways for packing home delivery food items include biodegradable packaging, corrugated packaging, and compostable packaging. Of these, corrugated packaging is increasingly being adopted on account of their thermal properties, protection from foods spills, as well as the ability to keep food fresh for a longer duration. An increasing number of players are also making use of sustainable packaging options which include recycled or reused materials. Players within the global food service market are now vying to enter supermarkets and hyper markets to reach to an even wider range of customers. As a large number of customers visit supermarkets for their grocery shopping this pool of customers of a great opportunity for players within the food service market. Therefore, an increasing number of players within the market are operating in supermarkets and offering various low cost options to customers. Apart from the strategy players in the market are also restaurant and bar concepts in snow call and pool, air hockey, and snooker clubs its acting freezing number of customers by providing entertainment and good food.
On the pieces of geography, this market can be segmented into Asia Pacific, North America, Europe, and the Rest of the World. Off does not America is a key market for food services on account of the presence of a large number of food joints and chains. The growing demand for fast food will bolster the growth of the food service market in North America. Europe and Asia Pacific will also be key markets.
Key players within the market have been profiled for the purpose of study. The names of these players are: Yum! Brands, Dunkin Brand Group, McDonald’s, Domino’s Pizza, Panera Bread, Restaurant Brand International, Starbucks, Applebee’s International, Darden Restaurant, Chipotle Mexican Grill, and Brinker International.
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