is focus of new report
Jun 29, 2009 9:03 AM
The global foodservice industry is projected to reach $2.2 trillion in revenues by 2015. This market consists of more than 8 million outlets ranging from small family-owned units to large multinational chains operating thousands of stores worldwide. These and other market data and trends are presented in Foodservice Industry: A Global Strategic Business Report from Global Industry Analysts Inc.
The United States represents the largest market for foodservice, according to the market research report. Driven by increasing disposable incomes and changing lifestyles, the Asia-Pacific area is expected to offer the highest growth potential for foodservice.
Foodservice is one of the largest employers around the world. Major issues affecting the industry include decreasing corporate spending, rising food costs, contamination, rising energy costs, and labor.
Quick-service restaurants is the largest and the fastest-growing foodservice segment. The higher-value proposition and novelty in menus offered by quick-service restaurants is cushioning this segment from the economic downturn. The global full-service restaurants market is being affected by the economic decline. As such, the market is expected to offer relatively lower growth opportunity from 2006 to 2015.
This GIA report discusses prevailing trends, issues, demand forecasts, and activities affecting the industry. Global foodservice is analyzed in terms of revenue by various service segments. Major regional markets analyzed in the report include the United States, Canada, Japan, Europe, Asia-Pacific, and Rest of World. Analytics for the period 2006-2015 provide an understanding of the market.
For more details about this report, visit www.strategyr.com/Food_Service_Industry_Market_Report.asp.
© 2013 Penton Media Inc.
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