New market study, "Foodservice Market in the US 2016-2020", has been published

From: Fast Market Research, Inc.
Published: Fri Jul 22 2016

Foodservice refers to the sale of food and beverages that have been prepared out-of-home for immediate consumption, either on the premises from where they are purchased or for takeaway or home delivery. The foodservice industry caters to cafeterias, hospitals, cafes, pubs, nightclubs, bars, and hotels. Foodservice has become prevalent in educational institutions and office complexes, as students and office workers prefer to buy lunch rather than cook at home.

Technavio's analysts forecast the foodservice market in the US to grow at a CAGR of 3.33% during the period 2016-2020.

Full Report Details at

Covered in this report
The report covers the present scenario and the growth prospects of the foodservice market in the US for 2016-2020. To calculate the market size, the report considers revenue generated from the sales of various food and beverages sold by the global foodservice vendors in terms of revenue. The market is broadly divided into:

* Commercial foodservice: Commercial foodservice is any foodservice operation established to make a profit from the sale of food and beverages. The commercial foodservice segment in this report includes full-service restaurants, fast food or quick service restaurants, pubs, hotels, bars, cafes, takeaway, home delivery, and others.
* Non-commercial foodservice: In non-commercial type of foodservice segment, food is primarily prepared and served to support another establishment's main function or purpose. The non-commercial foodservice segment in this report includes educational institutions, workplaces, and hospitals.

Technavio's report, Foodservice Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

* Aramark
* Compass Group North America
* Domino's
* McDonald's
* Restaurant Brands International
* Starbucks
* Subway
* Yum! Brands

Other prominent vendors

* AmeriQual Group
* Atlas Food Systems and Services
* AVI Foodsystems
* B&G Foods
* Baldwin Richardson Foods
* Basic American Foods
* Ben E. Keith
* BiRite Foodservice Distributors
* Bon Appetit Management
* Brock & Co.
* Centerplate
* Chick-fil-A
* CulinArt
* Delaware North Companies
* Dunkin' Brands
* Gordon Food Service
* Subway
* Thompson Hospitality
* Wendy's

Market driver

* Growing popularity of fast-casual restaurants
* For a full, detailed list, view our report

Market challenge

* Need to maintain and standardize food safety
* For a full, detailed list, view our report

Market trend

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