Take away and Quick service restaurants
are the growing trends in the food service market. The US is the second largest
market for foodservice, globally, due to the increased dining-out culture.
Rising number of dual-earner households, expanding menu choices to satisfy
consumer preferences are expected to propel demand for Food Services over the
next five years.
US Food services market is segmented based
on type, region and company. In terms of type, QSR (Quick Service Restaurants)
held the lion’s share in US Food services market as QSR have fast service apart
from dining restaurants and have large menu which is mostly preferred by the
people there.
Some of the major players operating in the United States Food
Services market are McDonald's Corp., Doctor's Associates Inc., Yum! Brands Inc., Burger King Worldwide Inc., TGI Friday’s, Dunkin'
Brands Group Inc., Starbucks Corp., Chipotle Mexican Grill Inc., Future
Spotlight, Eleven, Inc., Pizza Hut, Inc. etc.
Years
considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective of the Study:
- To analyze and forecast market size of the United
States Food Services market, in terms of value as well as volume.
- To define, classify and forecast the United
States Food Services market on the basis of type & regional
distribution.
- To scrutinize the detailed market segmentation
and forecast the market size, in terms of value, on the basis of region by
segmenting United States Food Services market into four regions, namely, South-Region,
West-Region, Mid-West-Region, Northeast-Region.
- To identify tailwinds and headwinds for the United
States Food Services market.
- To examine competitive developments such as
expansions, supply contracts, and mergers & acquisitions in the United
States Food Services market.
- To evaluate trends in the United States Food
Services market.
- To strategically profile the leading players,
which are involved in providing Food Services in United States.
Click here to download the sample
TechSci Research performed primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of Food Services providers in United States. Subsequently,
TechSci Research conducted primary research surveys with the identified service
providers. While interviewing, the respondents were also enquired about their
competitors. Through this technique, TechSci Research was able to include Food
Services providers that could not be identified due to the limitations of
secondary research. TechSci Research analysed type and regional presence of all
major Food Services providers across the country.
TechSci
Research calculated the market size for the United States Food Services market
using a bottom-up approach, where food service providers’ value & volume
sales data for different types of (Dinning Services, PBCL, QSR, Café &
Others) Food Services was recorded as well as forecast for the future years was
made. TechSci Research sourced these values from industry experts and company
representatives, and externally validated through analyzing historical sales data of respective Food Services providers
to arrive at the overall market size. Various secondary sources such as company
annual reports, white papers, investor presentations and financial reports were
also used by the TechSci Research.
Key Target Audience:
- United
States Food Services Providers
- Research
organizations and consulting companies
- Associations,
organizations and all alliances related to Food Services
- Government
bodies such as regulating authorities and policy makers
- Industry
associations
- Market
research and consulting firms
The study is useful in providing answers to several
critical questions that are important for industry stakeholders, such as policy
makers, which market segments should be
targeted over the coming years (next five years) in order to strategize
investments and capitalize on growth of the market.
Report Scope:
In this report, United States Food Services market
has been segmented into following categories, in addition to the industry
trends which have also been detailed below:
- United
States Food Services Market, by Type:
- United
States Food Services Market
- Dinning
Services
- PBCL
- QSR
- Cafe
- Others
- United
States Food Services Market, by Region:
- South-Region
- West-Region
- Mid-West-Region
- Northeast-Region
Competitive Landscape
Competition Benchmarking: Benchmarking of
leading 10 players.
Company Profiles: Detailed analysis of the major
companies present in the United States Food Services market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to the company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed
analysis and profiling of additional market players (up to five).
Product Information
- Detailed
analysis of new players in the market and their driving forces in the
market.