Dec 15, 2019 (Xherald via COMTEX) -- The Food Service Market size, growth, share, segments, manufacturers, and technologies, key trends, market drivers, challenges, standardization, deployment models, opportunities, future roadmap and forecast. Food Service Market report provides th past, present and future industry trends and the forecast information related to the expected Food Service sales revenue, growth, demand, and supply scenario. It offers in-depth data, improves variations of the worldwide Food Service Market to help you in deciding the final strategy. It features far-reaching information in terms of changing market dynamics, manufacturing trends, structural changes in the market, and the latest developments.
The Global Food Service Market was valued at USD 3.1 Trillion in 2018 and is projected to reach USD 4.5 Trillion by 2026, growing at a CAGR of 3.2% from 2019 to 2026.
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Top Companies Are Covered In Food Service Market Report:
Aramark Corporation, Compass Group North America, Doctor's Associates Inc., Domino's, McDonald's Corp., Restaurant Brands International, Seven & I Holdings Co. Ltd., Sodexo, Starbucks Corporation, and Yum! Brands Inc
What Is Food Service?
Food Service refers to catering services or providing food made outside the home, to the public. There are various companies in catering business which provide such services. Food services also called as catering industry or business provide packaged food service as well as real time food service. Food service industry includes various kind of restaurants such as fast food/ quick service restaurants, full-service restaurants, limited service restaurants and special food service restaurants.
Market Segment by Regions, regional analysis covers:
(United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Ja3D Depth Sensor, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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India Foodservice Market
India Foodservice market is forecasted to reach USD 95.75 billion by 2024, registering a CAGR of 10.3% during the forecast period (2019 - 2024).
The India foodservice sector is one of those vibrantly growing markets that has seen exceptional growth during the past decade and continues to expand rapidly during the forecast period.
A high percentage of the young and working population is driving the India foodservice market. The availability of organized retail space aids the industry to encourage the growth of local and International brands across different formats.
The India foodservice market space is attracting significant interest from domestic as well as international private equity and venture capital funds.
The prime goal of this Food Service Market advertise report is to enable the client to comprehend the market as far as its definition, division, showcase potential, persuasive patterns, and the difficulties that the market is confronting. Profound inquires about and investigations were finished during the planning of the report. The peruses will discover this report extremely supportive in understanding the market top to bottom. The actualities and information are spoken to in the report utilizing outlines, diagrams, pie graphs, and other pictorial portrayals.