A
new
study by Transparency Market Research (TMR), titled “Foodservice
Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast, 2013–2019,” offers an all-inclusive market assessment
by evaluating the key trends, opportunities, challenges, and future
prospects of this market. The market’s past and the current
performance has also been examined thoroughly while preparing this
study.
Download
exclusive Sample of this
report:http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1558
As
per the research report, the increasing demand for customized food
menus, together with fresh ingredients in the food, is likely to
propel the global market for foodservices in the coming years
remarkably. However, the high cost incurred in maintaining the
hygiene, quality, and the consistency of food, alongside the need for
a large workforce, is anticipated to hamper the growth of this market
to some extent in the near future. The implementation of several
government regulations pertaining to food safety is also expected the
act as a restraining factor.
The
global foodservice market can be studied on the basis of the
foodservice system, end-use application, and the geography. Based on
the foodservice system, the market can be categorized into
conventional, assembly service, centralized, and ready prepared.
According to the research study, the most favored among them are
conventional foodservice systems. However, ready prepared foodservice
systems are likely to gain momentum across the world significantly
over the next few years.
Based
on the end-use application, the worldwide foodservice
market can be classified into restaurants, schools and colleges,
corporate office, and universities. Over the years, school and
colleges have been registering an extensive application of
foodservices, states the report.
Geographically,
the market can be segmented into North America, Europe, Asia Pacific,
and the Rest of the World. Currently, North America holds the leading
position on account of a large pool of restaurants and food chains.
Europe and Asia Pacific are also projected to witness steady growth
in this market over the forecast period, notes the study.
The
research report also studies the competitive landscape of the global
market for foodservices at length. It reviews the profiles of the key
foodservice providers in order to identify the current market
hierarchy. As per the report, Guest Services, Sodexo, Compass Group,
Aramark Corp., and Centerplate are some of the leading providers of
food services across the world.
Other prominent players in this market are Abela & Co., Yum! Brands, Starbucks, McDonald's, Restaurant Brands International, Domino's, Autogrill Group, BiRite Foodservice Distributors, CulinArt, Bon Appétit Management, Gordon Food Service, Jollibee Foods, Popeyes Louisiana Kitchen, Papa John's, Sysco Corp., Truitt Bros, White Castle, Jack in the Box, and AVI Foodsystems.
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