2021 Food Service Market - Size, Share, COVID Impact Analysis and Forecast to 2027
Food Service Market is quickly reaching its pre-COVID levels and a healthy growth rate is expected over the forecast period driven by the V-shaped recovery in most of the developing nations.
Key strategies of companies operating in Food Service Market Industry are identified as showcasing their contactless manufacturing and delivery methods, highlighting USP statements, focus on product packaging, and increased the presence of products on online platforms.
The food industry is set to experience a few changes in 2021 due to the increased consciousness of consumers in selecting food. This inclination towards sustainable, regenerative, plant-based food and demand for foods and beverages with immunity-boosting ingredients is driving the demand for these products and their constituents. Do It Yourself (DIY) trend has seen huge momentum during Corona times and is expected to continue in 2021.
Considering the rapidly changing market landscape, companies are changing their perspectives on expanding beyond traditional markets. In addition to focusing on widening applications, introducing new product portfolios, most food and beverage companies are planning to capture domestic and international markets.
Fast pace recovery of developing economies leading to increased disposable income will support the Food Service Market demand between 2021 and 2027.
Lockdowns across the globe in 2020 and continuing restrictions in 2021 disrupted the supply chain posing challenges for manufactures in the Food Service Market. Intense competition, pricing issues, and shifting consumer preferences will continue to put pressure on vendors profit margins.
Report Description-
The report- 2021 Food Service Market - Size, Share, COVID Impact Analysis and Forecast to 2027 presents growth projections in the Food Service Market between 2021 and 2027 for companies operating across different types, applications, and end-user verticals.
Short-term and long-term trends affecting the market landscape are included in the research. Further, market drivers, restraints, and potential opportunities are also provided in the report.
The Food Service report computes the 2020 market value in revenue terms based on the average Food Service prices and sales/revenue models of key companies operating in the Food Service Market Industry. The study forecasts the market size to 2027 for different types of Food Service and provides respective market share and growth rates.
The study discusses technological innovations and the potential shift in demand among various products in the Food Service Market, over the forecast period. The leading five companies in the Food Service Market Industry together with their products, key strategies, and comparisons are provided.
The Food Service Market size, share, and outlook across different types and applications are provided at geographic levels of North America, Asia Pacific, Europe, Middle East Africa, South and Central America. Further, country-level Food Service Market value is also provided.
All recent developments in Food Service Market Industry including mergers, acquisitions, contract awards, licenses, product launches, and expansion plans are included in the report.
Base Year- 2020; Forecast period: 2021- 2027
Publication frequency- Every six months
Research Methodology- Data triangulation with top-down and Bottom-up approach are used for market size
Scope of the Report -
Global Food Service Market Industry size, 2020- 2027
Market trends, drivers, restraints, and opportunities
Porters Five forces analysis
Types of Food Service, 2020-2027
Food Service applications and end-user verticals market size, 2020- 2027
Food Service Market size across countries, 2020- 2027
5 leading companies in the industry- overview, key strategies, financials, and products
Latest market news and developments
Additional support -
All the data presented in tables and charts of the report is provided in a separate Excel document
Print authentication extended
10% free customization to include any specific data/analysis to match with the requirement
3 months of analyst support
1.1 List of Tables
1.2 List of Figures
2. Food Service Market Latest Trends, Drivers and Challenges, 2020 - 2027
2.1 Food Service Market Overview
2.2 Post COVID Strategies of Leading Food Service Companies
2.3 Food Service Market Insights, 2021- 2027
2.3.1 Leading Food Service types, 2021- 2027
2.3.2 Leading Food Service End-User industries, 2021- 2027
2.3.3 Fast-Growing countries for Food Service sales, 2021- 2027
2.4 Food Service Market Drivers and Restraints
2.4.1 Food Service Demand Drivers to 2027
2.4.2 Food Service Challenges to 2027
2.5 Food Service Market- Five Forces Analysis
2.5.1 Food Service Industry Attractiveness Index, 2020
2.5.2 Threat of New Entrants
2.5.3 Bargaining Power of Suppliers
2.5.4 Bargaining Power of Buyers
2.5.5 Intensity of Competitive Rivalry
2.5.6 Threat of Substitutes
3. Global Food Service Market Value, Market Share, and Forecast to 2027
3.1 Global Food Service Market Overview, 2020
3.2 Global Food Service Market Revenue and Forecast, 2021- 2027 (US$ Million)
3.3 Global Food Service Market Size and Share Outlook by Type, 2021- 2027
3.4 Global Food Service Market Size and Share Outlook by End-User, 2021- 2027
3.5 Global Food Service Market Size and Share Outlook by Region, 2021- 2027
4. Asia Pacific Food Service Market Value, Market Share and Forecast to 2027
4.1 Asia Pacific Food Service Market Overview, 2020
4.2 Asia Pacific Food Service Market Revenue and Forecast, 2021- 2027 (US$ Million)
4.3 Asia Pacific Food Service Market Size and Share Outlook by Type, 2021- 2027
4.4 Asia Pacific Food Service Market Size and Share Outlook by End-User, 2021- 2027
4.5 Asia Pacific Food Service Market Size and Share Outlook by Country, 2021- 2027
4.6 Key Companies in Asia Pacific Food Service Market
5. Europe Food Service Market Value, Market Share, and Forecast to 2027
5.1 Europe Food Service Market Overview, 2020
5.2 Europe Food Service Market Revenue and Forecast, 2021- 2027 (US$ Million)
5.3 Europe Food Service Market Size and Share Outlook by Type, 2021- 2027
5.4 Europe Food Service Market Size and Share Outlook by End-User, 2021- 2027
5.5 Europe Food Service Market Size and Share Outlook by Country, 2021- 2027
5.6 Key Companies in Europe Food Service Market
6. North America Food Service Market Value, Market Share and Forecast to 2027
6.1 North America Food Service Market Overview, 2020
6.2 North America Food Service Market Revenue and Forecast, 2021- 2027 (US$ Million)
6.3 North America Food Service Market Size and Share Outlook by Type, 2021- 2027
6.4 North America Food Service Market Size and Share Outlook by End-User, 2021- 2027
6.5 North America Food Service Market Size and Share Outlook by Country, 2021- 2027
6.6 Key Companies in North America Food Service Market
7. South and Central America Food Service Market Value, Market Share and Forecast to 2027
7.1 South and Central America Food Service Market Overview, 2020
7.2 South and Central America Food Service Market Revenue and Forecast, 2021- 2027 (US$ Million)
7.3 South and Central America Food Service Market Size and Share Outlook by Type, 2021- 2027
7.4 South and Central America Food Service Market Size and Share Outlook by End-User, 2021- 2027
7.5 South and Central America Food Service Market Size and Share Outlook by Country, 2021- 2027
7.6 Key Companies in South and Central America Food Service Market
8. Middle East Africa Food Service Market Value, Market Share and Forecast to 2027
8.1 Middle East Africa Food Service Market Overview, 2020
8.2 Middle East and Africa Food Service Market Revenue and Forecast, 2021- 2027 (US$ Million)
8.3 Middle East Africa Food Service Market Size and Share Outlook by Type, 2021- 2027
8.4 Middle East Africa Food Service Market Size and Share Outlook by End-User, 2021- 2027
8.5 Middle East Africa Food Service Market Size and Share Outlook by Country, 2021- 2027
8.6 Key Companies in Middle East Africa Food Service Market
9. Food Service Market Structure
9.1 Key Players
9.2 Food Service Companies - Key Strategies and Financial Analysis
9.2.1 Snapshot
9.2.3 Business Description
9.2.4 Products and Services
9.2.5 Financial Analysis
10. Food Service Industry Recent Developments
11 Appendix
11.1 Publisher Expertise
11.2 Research Methodology
11.3 Annual Subscription Plans
11.4 Contact Information
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