Catering Services Market Size, Share, Trends, Growth, Segments and Analysis 2022-2027

The IMARC Group provides in-depth analysis of the restaurant industry covering market trends, investment opportunities, growth trends, statistics and industry outlook. The report offers a comprehensive analysis of the industry, which includes information on the size, share, trends, analysis, growth, segments, demand, statistics and market overview of the restoration. The report also includes competitor and regional analysis, as well as contemporary advancements in the global market.

Note: We regularly track the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report. The market is segmented by size and region. The report provides analysis of key trends in each sub-segment of the market, as well as forecasts at global and regional levels from 2022 to 2027. The report also includes the competitive landscape of major key industry players as well as emerging trends on the market.

Informed covered in the report:

  • Historical market data from 2016 to 2021
  • Market CAGR over the forecast period 2022-2027
  • Detailed information on the factors that will drive the growth of the market over the next five years
  • Accurate estimation of the size of the Keyword Market and its contribution to the parent market
  • Upcoming Market Trends and Changes in Consumer Behavior
  • An in-depth analysis of the market competitive landscape and detailed information on major players
  • Complete details of the factors that will challenge the growth of the Smart Meters Market-leading players

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The global restaurant market reached a value of US$2.75 trillion in 2021. Restaurant refers to the sale of beverages and prepared foods for take-out, immediate consumption or home delivery. It can be categorized into commercial and non-commercial segments including fast food restaurants, night clubs, catering, outlets operating in the premises of infirmaries, schools, organizations, etc. Restoration can also be segmented in terms of operating system, such as conventional systems, centralized systems, off-the-shelf systems, etc. It ensures real-time and nutritious food supply and comes in handy for people who have a fast-paced lifestyle. Therefore, foodservice is widely used in various establishments including education, hospitals, government, etc., and by consumers in general.

Catering market trends:

Growing number of working professionals and growing need for personalized food menus in educational institutions, administrative offices, healthcare facilities, etc., are some of the major factors driving the catering market. Furthermore, the growing demand for hassle-free and hygienic foods among the Gen-Y population is also positively influencing the growth of the market. In addition, the increasing number of cafes and restaurants that provide excellent socializing space for teenagers, young employees and families acts as another important growth factor. Additionally, the development of online food delivery channels and the launch of gluten-free products, home-cooked meals, low-fat beverages, etc., are expected to drive the restaurant market in the coming years. Looking ahead, IMARC Group expects the restaurant market to reach US$3.629 billion by 2027, growing at a CAGR of 3.85% over the period 2022-2027.

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As the novel coronavirus (COVID-19) crisis engulfs the world, we continuously monitor changes in markets, as well as consumer behaviors in the industry around the world and our estimates on the latest market trends and forecasts are made. after considering the impact of this pandemic.

Market segmentation :

Breakdown by sector:

  • Commercial
  • Non-commercial

Breakdown by systems:

  • Conventional restoration system
  • Centralized catering system
  • Ready-to-use food service system
  • Assemblage-Service Food Service System

Breakdown by type of restaurant:

  • Fast food
  • Full-service restaurants
  • Limited service restaurants
  • Special food service restaurants

Rupture region:

  • Asia Pacific
  • North America
  • Europe
  • Middle East and Africa
  • Latin America

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Main highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market trends
  • Market drivers and success factors
  • Impact of COVID-19
  • Value chain analysis
  • Complete mapping of the competitive landscape

If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.

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IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

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